Political upheaval in Venezuela could flood oil markets, slashing prices and creating a $10 billion shortfall in Nigeria's 2026 budget. Experts warn of severe fiscal strain and pressure on the Naira. Read the full analysis.
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.
Geopolitical shifts in Venezuela could crash oil prices, threatening Nigeria's N58.18 trillion 2026 spending plan and naira stability. Experts warn of a potential $10.24 billion revenue shortfall.
Economist Kalu Aja warns US intervention in Venezuela may flood oil market, pressuring prices and jeopardising Nigeria's $64 per barrel 2026 budget benchmark. Read the full analysis.
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.
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.
NBS data shows a 2.57% year-on-year drop in diesel prices for November 2025. Discover which states paid the most and least for AGO.
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.
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
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.
Dangote Refinery launches a hotline for Nigerians to report MRS stations selling petrol above N739. The move aims to protect consumers and ensure price transparency amid a major market shift.
Aliko Dangote directs Nigerians to buy fuel at the new N739/litre price. His refinery launches a hotline to report overcharging stations and warns against artificial scarcity. Read more.
Dangote Refinery's ₦699/litre petrol price triggers a market shift. Marketers abandon private depots, forcing massive price cuts. Daily truck loading exceeds 2,000. Read the full analysis.
A fierce price war erupts in Nigeria's fuel market as Dangote Refinery's free delivery forces stations to cut petrol prices by up to N100 per litre. Discover how this battle benefits consumers.
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Dangote Refinery announces a new petrol price of N699 per litre at its Lagos gantry, offering hope for cheaper fuel nationwide. Nigerians react as calls grow to end fuel imports.
A Nigerian man in Ilorin identifies Ayinlak filling station as selling the cheapest petrol following Aliko Dangote's announcement of a new price of ₦739 per litre. See his findings.
A Nigerian man from Delta State complains filling stations still sell petrol at N900, ignoring Dangote's new N739 price. Netizens react to the disparity. Read more.
Dangote Refinery reduces petrol price to N699 per litre, sparking excitement and debate on the role of billionaires in Nigeria's economy. Read Nigerians' reactions.
Dangote Refinery reduces petrol price to N699 per litre at its Lagos gantry, exciting Nigerians and prompting calls to end fuel imports. Read public reactions and details.
Nigerian fuel marketers align with Dangote Refinery's new pricing, promising stable supply and lower costs. Free delivery to start in January 2026.
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.
Dangote Petroleum Refinery announces a N699 per litre gantry price for petrol station owners, with free nationwide delivery and a 10-day credit facility. IPMAN urges members to patronise the refinery.
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.