CBN Projects Petrol Price at N950/Litre in 2026
The Central Bank of Nigeria predicts petrol prices could rise to N950 per litre by 2026. Read the full analysis and what it means for Nigeria's economy and energy costs.
The Central Bank of Nigeria predicts petrol prices could rise to N950 per litre by 2026. Read the full analysis and what it means for Nigeria's economy and energy costs.
PETROAN confirms discussions with NNPCL to acquire and revive the Port Harcourt Refinery for $2 billion. The move aims to boost local refining and stabilise fuel prices in Nigeria.
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.
Nigeria's reliance on imported petrol surges to 1.8 million metric tonnes as local refining falters. New regulators face pressure to fix the oil sector amid a price war. Read the full analysis.
Nigerians can expect cheaper petrol as Dangote Refinery prepares to deliver fuel to marketers at zero transport cost from January 2026, significantly reducing logistics expenses and pump prices nationwide.
NNPC reduces petrol prices in Abuja to N815 per litre, offering relief. Dangote Refinery debunks shutdown rumours, delivers 43 million litres nationwide. Lagos prices remain steady.
NNPC reduces petrol pump prices nationwide, with Abuja at N815 and Lagos at N785 per litre. Dangote Refinery's stable pricing drives the welcome relief for Nigerian motorists.
Dangote Refinery dismisses false shutdown claims, confirms daily production of 50 million litres of PMS and maintains N699/litre price. Read the full details.
Dangote Refinery confirms full operations, dispelling false shutdown reports after loading 43.3 million litres of petrol in one day. Discover the impact on prices and market stability.
Nigerian investors urge Aliko Dangote to list his $20 billion refinery on the stock exchange, allowing public ownership and dividends. The move could boost local investment and economic stability.
Ex-depot petrol prices surge to N805 per litre following Dangote Refinery's planned maintenance on its main gasoline unit. Get the latest on the shutdown, price impacts, and Dangote's assurances.
Nigerian Army troops have arrested a 13-member criminal gang and seized 13 pump-action rifles in Delta State. The operation highlights ongoing security challenges. Read the full details.
Nigerian Army troops arrest 13 suspects, including a native doctor, and recover 13 pump-action rifles in Delta State. Read details of the operation and its implications for regional security.
Ghana's Tema Oil Refinery is back online after years of inactivity, operating at 28,000 bpd. This could reduce its reliance on imports from Nigeria's Dangote Refinery, its top 2025 supplier. Explore the shifting energy dynamics in West Africa.
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
PETROAN reports the 2025 price war between Dangote Refinery and marketers led to massive losses for retailers, squeezed profits, and market instability. The group calls for urgent stakeholder dialogue.
Dangote Refinery introduces a 10-day credit facility and free logistics for petrol stations, slashing the gantry price to ₦699/litre. This strategic move aims to ease cash flow and distribution costs for dealers nationwide.
Nigeria's Dangote Refinery starts planned maintenance to boost petrol output and achieve 700,000 barrels per day capacity by early 2026, reducing fuel imports by over 60%.
Aliko Dangote's refinery ends Nigeria's fuel import dependence, saving billions in forex and sparking industrial hope. Discover the impact of Africa's richest man.
NNPC GCEO Bayo Ojulari states the fuel price competition between Dangote Refinery and marketers is a natural market shift that will ultimately favour Nigerian consumers. Read more.
Nigerians get relief as petrol prices fall by N153 per litre to N1,061.35. Dangote Refinery and NNPC drive competition, but state disparities remain high. Find out the cheapest and costliest states.
Nigeria now sells the cheapest petrol in West Africa at ₦739 per litre, thanks to Dangote Refinery's price cuts. Discover how this impacts the economy and future fuel supply.
A Nigerian man has exposed an MRS filling station in Kebbi State selling petrol at N850 per litre, defying Dangote's N739 price directive. He reported the incident directly to Dangote Group, urging immediate action. Read the full story and public reaction
A young Nigerian reports MRS filling stations in Lokoja selling fuel at N830/litre, harassing customers. This follows Aliko Dangote's call to report stations not complying with the N739 price. Read public reactions.
NNPC Limited reduced petrol prices by over N175 in Lagos during 2025, driven by competition from Dangote Refinery. The price now stands at N785 per litre ahead of Christmas. Read the full analysis.
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Nigerian motorists face long queues at few MRS stations selling Dangote petrol at N739. They urge the refinery to partner with more outlets for wider access to affordable fuel. Report stations selling above price.
Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.