Petrol Price Hits N1,900 Per Litre in Nigeria
Petrol depot prices hit N1,900 per litre in Port Harcourt as diesel prices surge in Warri, despite lower pump prices at some Lagos filling stations.
Petrol depot prices hit N1,900 per litre in Port Harcourt as diesel prices surge in Warri, despite lower pump prices at some Lagos filling stations.
The Federal Government warns that petrol could hit ₦2,000 per litre and the dollar ₦3,000 if Nigeria restores fuel subsidy.
The Federal Government has announced a 30-day petrol discount at NNPC stations, prioritising public transport operators to ease rising fuel costs.
The First Niger Bridge may reopen this week as major rehabilitation works near completion, offering relief to motorists and commuters.
PH Refinery workers have threatened to shut down the facility over seven months of unpaid salaries and delayed salary structure
Nigerian politicians are increasingly turning to private jets for 2027 campaign trips, with charter costs reaching $42,000 per journey.
CBN has cut its Monetary Policy Rate to 23% to boost production, business investment and economic growth while keeping inflation under control.
The Federal Government has opened the 2026 oil licensing round, offering 40 blocks to investors across land, shallow water and deepwater terrains.
Fuel subsidy removal has helped unlock $500 million for major aviation infrastructure projects, including the Lagos airport rebuild, according to Aviation Minister Festus Keyamo
Nigerians’ personal loans climbed to N2.06tn in May 2026 as rising living costs and financial pressure pushed more households to rely on credit for everyday needs