Dangote refinery raises petrol price to N1,175/litre as crude spikes.
The Dangote Petrochemical Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, reversing a price reduction that was earlier announced in the week. The refinery had previously lowered the ex-depot price to N1,075 per litre on March 10, 2026, a move that sparked heightened buying activity among petroleum depot operators and marketers who rushed to secure products at the reduced rate. However, the adjustment was short-lived as the refinery later […]