Business News
BREAKING: Dangote refinery cuts down petrol, diesel prices
Dangote Refinery has reduced the prices of petrol and diesel by ₦100.
According to the refinery’s latest pricing template issued on March 10, 2026, the gantry price of petrol, also known as Premium Motor Spirit, has been cut from ₦1,175 per litre to ₦1,075 per litre.
The new adjustment means marketers who lift fuel directly from the refinery will now pay ₦1,075 per litre, reflecting a ₦100 reduction from the previous price.
Industry observers say the price drop could influence pump prices at filling stations if marketers pass the reduction on to consumers.
The refinery has further stated that the price of PMS for coastal supply will now be set at ₦1,050 per litre, which accounts for a minor adjustment due to maritime distribution expenses.
In a similar manner, the cost of Automotive Gas Oil (diesel) has been lowered to ₦1,430 per litre at the gantry. This marks a reduction of ₦190 from the previous price of ₦1,620 per litre.
The refinery pointed out that the prices at the gantry do not include fees from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Follow Us on Google Discover
French authorities arrest teen over alleged plot to abduct Kylian Mbappe
Fury blasts Joshua, calls him ‘Coward’ as blockbuster fight delays
PFIPC: Reps clear Gbajabiamila, uncover forged documents
Wike tackles APC governors, accuses Uzodinma, Abdulrazaq of plotting against him
Akwa Ibom Gov’t sparks controversy after describing Akpabio as ‘Acting President’
I think about Tinubu’s re-election everyday, if he loses, Atiku, Obi will deal with me – Wike
Kwankwaso arrives Port Harcourt ahead of 2027 election
Uber announces exit from Nigeria after 12 years
2027: Any LG chairman who fails to deliver victory for APC, Tinubu will lose his seat – Gov Nwifuru
Wike sets 2027 deadline for completion of FCT projects
African Union to launch credit rating agency October 7
Tinubu’s ‘dictatorship’ may end Nigeria’s democracy, SDP’s Adebayo warns
UEFA unveils special debut patches for UCL debutants
Nigeria records 14 fresh Lassa Fever cases – NCDC
NDA publishes 78th regular combatant course admission list
NAF opens 2026 recruitment for tradesmen, non-tradesmen
I think about Tinubu’s re-election everyday, if he loses, Atiku, Obi will deal with me – Wike
2027: I will review NELFUND, offer debt forgiveness to Nigerian students – Atiku vows
‘Why can’t Nigerians buy petrol for N441-N872 per litre like, UAE, Angola Sudi Arabia, others’ – Atiku questions Tinubu
Yuguda warns Nigerians against Atiku’s promise to restore fuel subsidy, says its a political bait
On LG Autonomy: I will send funds directly to LGs from Day 1 in office – Atiku vows
2027: APC chieftain resigns, rejects support for Tinubu, Bauchi Governorship candidate
Don’t discuss Atiku’s NYSC certificate case against Tinubu in public – Judge warns lawyers
Xenophobia: Nigeria will no longer tolerate dehumanisation of its citizens in South Africa — Shettima
Tinubu’s effort to secure Trump’s support for re-election has failed – Atiku’s lobbying firm claim
North, biggest beneficiary of my reforms — Tinubu, Arewa Forum, others disagree
Nollywood hit by another loss as Atinuke Kareem dies after prolonged cancer battle
Strong GDP, Reserves don’t put food on Nigerians’ tables – APC Chairman
2027: Major Jack picked as Chinda’s running mate in Rivers