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

    “NELFUND Rescued Me from Dropping Out,” UNILAG Student Shares Inspiring Story

    A 300-level University of Lagos student, Migwe Obinna Nicholas, has narrated how the Nigerian...
    News

    FCTA debunks AEDC’s land grabbing allegation, demands public apology

    ‎By Olawumi Oyehan ‎The Federal Capital Territory Administration (FCTA), through its Department of Development Control...
    News

    Widow Applauds NELFUND, President Tinubu for Giving Her Children a Chance at University

    A Nigerian widow, Mrs. Nwachukwu Blessing Chituru, has expressed profound gratitude to the Nigerian...
    News

    Bayelsa govt lauds group for public safety project in 3 LGAs

    ‎... Mulls programme expansion for greater impact ‎From Rhoda Godwin, Yenagoa ‎ ‎The Bayelsa State Government has...

    More like this

    News

    “NELFUND Rescued Me from Dropping Out,” UNILAG Student Shares Inspiring Story

    A 300-level University of Lagos student, Migwe Obinna Nicholas, has narrated how the Nigerian...
    News

    FCTA debunks AEDC’s land grabbing allegation, demands public apology

    ‎By Olawumi Oyehan ‎The Federal Capital Territory Administration (FCTA), through its Department of Development Control...
    News

    Widow Applauds NELFUND, President Tinubu for Giving Her Children a Chance at University

    A Nigerian widow, Mrs. Nwachukwu Blessing Chituru, has expressed profound gratitude to the Nigerian...

    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