NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Petrol price rises again as Dangote Refinery adjusts gantry rate to N1,245

NIGERIANS are in deeper straits after Dangote Refinery announced another upward review of its gantry price, pushing it to N1,245 per litre from N1,175. The latest adjustment takes effect from Saturday, March 21, 2026. The development marks the 4th price increase within March 2026, as global crude oil volatility continues to reshape downstream pricing. The […]

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Mar 07, 2026 post

Nigerian petrol price hits N1080/litre as global oil tops $90 on Middle East crisis

CRUDE oil markets rallied sharply on Friday, placing prices on course for one of their strongest weekly advances in several years as rising tensions in the Middle East threaten supply flows and tanker movements through the Strait of Hormuz. Brent crude climbed to $92.69 per barrel late Friday, gaining more than 4 percent on the […]

Mar 07, 2026 post

Dangote Refinery increases petrol price to N995 as Middle East crisis inflicts hardship

THE Dangote Petroleum Refinery has raised its Premium Motor Spirit (PMS) or petrol gantry price to N995 per litre, representing a sharp N221 jump in just four days. The surge comes amid volatility in global crude oil prices, shipping costs, and ongoing geopolitical tensions. This raises inflationary prospects and inflicts hardship on Nigerians who are […]