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

    News

    $600m lithium plant, gold refineries boost Nigeria’s minerals leadership – Alake

      BY GLORIA AKUDORO  Nigeria is strengthening its position as Africa’s leading minerals hub following the...
    News

    Alleged $9.7m Terrorism Financing: Judge Returns Bauchi Commissioner’s Case File for Reassignment

      Justice Emeka Nwite of the Federal High Court Abuja, On Tuesday, 13 January, 2026,...
    News

    EFCC Presents First Witness Against Defendant in Alleged N19m Land Fraud in Lagos

    The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 1, on Monday, January...
    News

    EFCC Hands over Recovered N802.4m to First Bank

    The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Monday,...

    More like this

    News

    $600m lithium plant, gold refineries boost Nigeria’s minerals leadership – Alake

      BY GLORIA AKUDORO  Nigeria is strengthening its position as Africa’s leading minerals hub following the...
    News

    Alleged $9.7m Terrorism Financing: Judge Returns Bauchi Commissioner’s Case File for Reassignment

      Justice Emeka Nwite of the Federal High Court Abuja, On Tuesday, 13 January, 2026,...
    News

    EFCC Presents First Witness Against Defendant in Alleged N19m Land Fraud in Lagos

    The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 1, on Monday, January...

    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