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

    Foreign

    Netanyahu debunks Israeli link to Charlie Kirk’s assassination

    Israeli Prime Minister Benjamin Netanyahu on Thursday denounced speculation that Israel was tied to...
    Business

    CREDICORP launches pension-backed loan scheme to empower retirees

    The Nigerian Consumer Credit Corporation (CREDICORP) has launched an unprecedented pension-backed loan programme designed...
    Foreign

    US-UK sign $339bn investment deal to create 15,000 jobs in Britain

    Prime Minister Keir Starmer on Thursday announced a landmark £250 billion ($338.8 billion) investment...
    Foreign

    Over one million join France protests as arrests mount

    More than one million people took part in protests across France on Thursday, according...

    More like this

    Foreign

    Netanyahu debunks Israeli link to Charlie Kirk’s assassination

    Israeli Prime Minister Benjamin Netanyahu on Thursday denounced speculation that Israel was tied to...
    Business

    CREDICORP launches pension-backed loan scheme to empower retirees

    The Nigerian Consumer Credit Corporation (CREDICORP) has launched an unprecedented pension-backed loan programme designed...
    Foreign

    US-UK sign $339bn investment deal to create 15,000 jobs in Britain

    Prime Minister Keir Starmer on Thursday announced a landmark £250 billion ($338.8 billion) investment...

    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