Sunday, 27 July 2025

NNPC raises petrol price to ₦915 amid crude surge

 The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to N915 per litre in Lagos and Abuja as global crude oil prices continue to rise. The increase, implemented on Monday, marks a 6.4 per centt.

On Monday it was observed that the price of the product increased to N915 at some NNPC filling stations in Lagos. The latest increase marks a 6.4 per cent jump from the N860 per litre that NNPC briefly offered in March 2025.



This latest price hike is part of Nigeria’s broader post-subsidy regime, where market forces – including global oil prices and naira exchange rates – now determine the cost of Premium Motor Spirit (PMS).

Industry sources link the change to adjustments in depot prices by the Dangote Refinery, which raised its own rates due to higher crude costs and exchange rate volatility. NNPC’s move appears aimed at staying competitive and minimising operational losses.
MRS Oil Nigeria Plc, a major distributor of Dangote products, also increased its petrol price over the weekend, from N885 to N925 in Lagos and as high as N955 in the Southeast.

Wednesday, 28 May 2025

Message Video

 











Other Photos

 





















Google Alert News

 

Google
Peter Obi
NEWS
2027: Atiku, Obi, Amaechi court northern power bloc - Punch Newspapers
Ahead of the 2027 election, former Vice President Atiku Abubakar, 2023 Labour Party presidential candidate Peter Obi, former Rivers State Governor ...
FacebookTwitterFlag as irrelevant
Why I may not contest again after 2027, by Peter Obi - The Nation Newspaper
Even if I'm not contesting, I will always support those of you who are committed to real change, with whatever resources.
FacebookTwitterFlag as irrelevant
What Peter Obi said at Abuja's high-level coalition meeting
Presidential candidate of the Labour Party in the 2023 elections, Peter Obi, has declared that Northern Nigeria holds the key to solving the ...
FacebookTwitterFlag as irrelevant
See more results | Edit this alert
Trump
NEWS
EU wants to move 'swiftly' on US trade deal, chief says - BBC News
... Trump following his threat of 50% tariffs on the bloc. President of the European Commission Ursula von der Leyen said she spoke with Trump on ...
FacebookTwitterFlag as irrelevant
Trump news at a glance: president delays 50% tariffs after 'very nice call' with EU chief
The decision marks a U-turn for Trump, who said days ago that he was 'not looking for a deal' to scrap the tariffs – key US politics stories from ...
FacebookTwitterFlag as irrelevant
Donald Trump says he will postpone 50% tariffs on EU until July - Sky News
But Mr Trump has now said that date has been put back to 9 July to allow more time for negotiations with the 27-member bloc, with the phone call ...
FacebookTwitterFlag as irrelevant
See more results | Edit this alert
Pope Leo Xiv
NEWS
Pope Leo XIV: 'Let us renew our devotion to Mary' - Vatican News
Pope Leo XIV: 'Let us renew our devotion to Mary' ... In the Basilica of St. Mary Major, Pope Leo XIV venerates the icon of Maria Salus Populi Romani, ...
FacebookTwitterFlag as irrelevant
Pope Leo XIV declares 'I am Roman!' as he completes formalities to become bishop of Rome
Pope Leo XIV appears after formalizing his role as Bishop of Rome on May 25 ...
FacebookTwitterFlag as irrelevant
'I am Roman,' Pope Leo says, as he becomes the bishop of Rome - NPR
Pope Leo XIV waves upon his arrival at the Arch Basilica of St. John Lateran. Pope Leo XIV waves upon his arrival at the St. John Lateran Basilica in ...
FacebookTwitterFlag as irrelevant
See more results | Edit this alert
Nnamdi Kanu
NEWS
Separatists' sit-at-home protests lead to 700 deaths in Nigeria's southeast, report says | Reuters
... Nnamdi Kanu, who is facing trial in the capital Abuja on terrorism charges. The group suspended the weekly protest days later, citing a "direct ...
FacebookTwitterFlag as irrelevant
Separatists' sit-at-home protests caused 700 deaths in Nigeria's southeast, report finds
The IPOB launched a weekly sit-at-home order in 2021, following the arrest of its leader Nnamdi Kanu on terrorism charges. In four years ...
FacebookTwitterFlag as irrelevant
IPOB denies report linking group to deaths of 776, economic losses across Southeast
According to the group, it officially canceled the Monday sit-at-home directive in 2021, and its detained leader, Mazi Nnamdi Kanu, had previously ...

News

Followers

Home | About us | Disclaimer | Privacy Policy | Contact us