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Diesel Price

20 Aug 2024
The persistent energy crisis that has compounded the woes of manufacturers may have eased as diesel prices, a major source of energy for producers, dropped by 5.71 per cent from N1462.98 per litre in June 2024
18 Aug 2024
The average cost of diesel in Nigeria surged by 73.63% year-on-year, reaching N1,379.48 per litre in July 2024, according to the National Bureau of Statistics (NBS). NBS, in a statement on Sunday, said this represents an increase from N794.48 recorded in the same period last year. "The average retail price of Automotive Gas Oil (Diesel)…
22 May 2024
Nigerians continue to pay more as the National Bureau of Statistics (NBS) reported, yesterday, that the average retail price of automotive gas oil (diesel) increased by 68.01 per cent in the past year.
18 Apr 2024
President Bola Tinubu, yesterday, commended the Dangote Petroleum Refinery over a reduction in the price of diesel from N1,200 to N1,000. 
16 Apr 2024
In a groundbreaking development for consumers across Nigeria, Dangote Petroleum Refinery has made a historic announcement by further reducing the price of diesel from ₦1,200 to ₦1,000 per litre. This move comes in the wake of the refinery's recent introduction of diesel at a remarkably discounted rate of ₦1,200 per litre just three weeks ago.…
26 Mar 2024
Nigeria’s manufacturers and businesses struggling due to the lingering energy crisis may have more to worry about, as oil price, yesterday, soared to $87.16 per barrel.

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The Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has expressed deep concern over increasing costs of doing business, saying the recent 15 per cent upward review in port tariffs by the Nigerian Ports Authority's (NPA) will raise operational expenses.