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

    Business

    Mutfwang flags off 1.5mw solar mini-grid project in Pankshin, backs Tinubu’s renewable energy

    ‎ ‎From Yakubu Wuyep, Jos ‎ ‎Plateau State Governor, Barr Caleb Manasseh Mutfwang, has flagged off the...
    News

    Eradiri replies Abati, defends Wike’s performance, insists FCT Minister has put governors under pressure

    A former President of the Ijaw Youth Council (IYC) Worldwide, Engr. Udengs Eradiri, has...
    Uncategorized

    KULA’S LECTURE ON INTEGRITY: WHEN PROPAGANDA ATTEMPTS TO REWRITE HISTORY

    The statement issued by the Chief Press Secretary to the Governor of Benue State,...
    Politics

    2027: FUBARA BACKS TINUBU, CHINDA, RIVERS RAINBOW COALITION, SAYS TIME FOR WAR IS OVER

      By Francis Ekeh Ahead of the 2027 General Election, the Governor of Rivers State, His...

    More like this

    Business

    Mutfwang flags off 1.5mw solar mini-grid project in Pankshin, backs Tinubu’s renewable energy

    ‎ ‎From Yakubu Wuyep, Jos ‎ ‎Plateau State Governor, Barr Caleb Manasseh Mutfwang, has flagged off the...
    News

    Eradiri replies Abati, defends Wike’s performance, insists FCT Minister has put governors under pressure

    A former President of the Ijaw Youth Council (IYC) Worldwide, Engr. Udengs Eradiri, has...
    Uncategorized

    KULA’S LECTURE ON INTEGRITY: WHEN PROPAGANDA ATTEMPTS TO REWRITE HISTORY

    The statement issued by the Chief Press Secretary to the Governor of Benue State,...

    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