Petrol Nears N1,400/Litre Following Dangote Price Adjustment
The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per litre in many parts of the country as the United States and Iran fail to agree on a ceasefire that should lead to the reopening of...
Nigeria Imports 1.3bn Litres of Petrol Despite Local Production
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
During the same period, the Dangote refinery reportedly supplied 992 million litres,...
Nigeria Spends N12.8trn on Petrol Imports in 15 Months
As Nigeria struggles to ramp up local refinery of Petroleum Motor Spirit (PMS) otherwise known as petroleum, at least N12.8trn worth of the product was imported into the country from August 2024 to October 2025, analysis...
Marketers Confirm Plans to Lift 600m Liters of Dangote Petrol
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery has set a target to release up to 600 million litres of petrol monthly as part of efforts to stabilise supply in the domestic market...
Nigeria exported petrol, worth N371.54bn in the second quarter of 2025, marking the first recorded shipment of the product after the Dangote Petroleum Refinery came online.
