Got a tip? Call (777) 625-7647
Subscribe
Search
More
    HomeBusinessNaira Slide Pushes Dangote Diesel to ₦1,100/Litre

    Naira Slide Pushes Dangote Diesel to ₦1,100/Litre

    Business

    Published on

    Daily Newscraft

    By Milcah Tanimu

    The price of Automotive Gas Oil, commonly known as diesel, produced by Dangote Petroleum Refinery has surged from ₦940/litre to ₦1,100/litre. This increase is attributed to the depreciation of the naira against the United States dollar, as reported on Tuesday.

    Previously, on April 24, 2024, The PUNCH reported that Dangote Refinery had reduced the prices of diesel and aviation fuel to ₦940/litre and ₦980/litre respectively. However, the recent slump in the naira’s value has necessitated a price hike for diesel, reflecting the ongoing economic challenges and currency fluctuations in Nigeria.

    Latest articles

    Sports

    Fasuba backs history maker Ajayi for African record

    ‎ ‎Former African sprint king Olusoji Fasuba has thrown his weight behind Kanyinsola Ajayi to...
    Sports

    ‎French Open: Potapova knocks out defending champion, Gauff in third round

    ‎ ‎Defending champion, Coco Gauff, has been knocked out of the French Open after suffering...
    Sports

    Super Eagles beat Reggae Boys 3-0 to retain Unity Cup

    ‎ By Teddy Nwanunobi ‎ ‎Nigeria’s Super Eagles retained the Unity Cup competition by thrashing the...
    Sports

    ‎Okpekpe Race: Oshiomhole beats Shaibu by 3 seconds

    ‎ By Teddy Nwanunobi ‎ ‎ Former Governor of Edo State, Senator Adams Oshiomhole, beat the...

    More like this

    Sports

    Fasuba backs history maker Ajayi for African record

    ‎ ‎Former African sprint king Olusoji Fasuba has thrown his weight behind Kanyinsola Ajayi to...
    Sports

    ‎French Open: Potapova knocks out defending champion, Gauff in third round

    ‎ ‎Defending champion, Coco Gauff, has been knocked out of the French Open after suffering...
    Sports

    Super Eagles beat Reggae Boys 3-0 to retain Unity Cup

    ‎ By Teddy Nwanunobi ‎ ‎Nigeria’s Super Eagles retained the Unity Cup competition by thrashing the...

    MISSION STATEMENT
    To apply modern creative skills and techniques to provide efficient services to readers across the globe through a wide spread network of services, carefully crafted brilliant stories,features, analysis and investigations, under conducive working environment while posting delightful results to our shareholder

    VISION STATEMENT.
    To be a global media organisation of first choice for News, accurate information, public communication and enlightenment using a robust IT platform engineered by dedicated staff.

    Subscribe

    To get email updates from Today News.

    © Daily Newscraft 2022