BUSINESS

Dangote Dominates Fuel Supply As Nigeria Halts Petrol Imports 0
- BUSINESS, SLIDE
- March 11, 2026
Nigeria’s fuel supply landscape has shifted significantly as the Dangote Refinery now provides about 92 percent of the nation’s petrol, following the Federal Government’s decision to pause petrol imports. The development marks a major milestone in the country’s efforts to reduce reliance on imported refined petroleum products and strengthen domestic refining capacity. Industry sources
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Dangote Refinery Lowers Petrol Price By ₦100 To ₦1,075 Per Litre, Diesel Now ₦1,430.0
- BUSINESS, SLIDE
- March 10, 2026
In the latest pricing template from the refinery, issued on March 10, 2026, the price of petrol at the gantry has been reduced by ₦100, bringing it down to ₦1,075 per litre from the earlier price of ₦1,175 per litre. The refinery has further stated that the price of PMS for coastal supply will now
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IPMAN Urges Federal Government To Slash Crude Oil Costs For Dangote Refinery Amid Soaring Petrol Prices 0
- BUSINESS, SLIDE
- March 9, 2026
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Garima, has appealed to the Federal Government to lower the cost of crude oil supplied to the Dangote Petroleum Refinery in a bid to curb the escalating prices of Premium Motor Spirit (PMS), commonly known as petrol, which have now surpassed
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NNPC Hikes Petrol Pump Price To N933/litre In Lagos, N960/litre In Abuja 0

Nigeria’s energy market witnessed another significant shift as the Nigerian National Petroleum Company (NNPC) Limited increased petrol pump prices at its retail stations across key cities. The adjustment pushed the cost of petrol to N933 per liter in Lagos and N960 per liter in Abuja, reflecting a noticeable rise compared to previous rates. The

Osun LG Crisis: Residents, Traders Besiege UBA Branches, Insist On Closing Accounts 0

OSOGBO, Nigeria—Residents and traders in Osun State on Monday besieged branches of United Bank for Africa in Osogbo, demanding the closure of their accounts in protest over the bank’s alleged refusal to release ₦230 billion in local government funds to what they described as lawful executives on Monday. The action disrupted banking activities at branches

Lagos Approves 13% BRT Fare Increase, Commuters To Pay More 0

BUSINESS, SLIDE

February 24, 2026

LAGOS, Nigeria — Lagos State Gov. Babajide Sanwo-Olu has approved a 13% increase in fares across Bus Rapid Transit routes, raising transport costs for commuters in the commercial capital, Feb. 24, 2026. State officials said the adjustment is aimed at addressing rising operational costs and sustaining public transport services. The fare increase affects all BRT