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

    Insecurity: Wike directs immediate demolition of suspected criminal hideout 

    ‎ ‎By Olawumi Oyehan ‎ ‎The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has directed...
    Sports

    ‎Football family have lost confidence in Infantino, says UEFA

    ‎European football governing body, UEFA, has stated that many members of the football family...
    Sports

    ‎Wrestling: Nigerian Oba Femi praises Brock Lesnar after WWE Summer Slam victory

    ‎By Teddy Nwanunobi ‎Nigerian-born professional wrestler, Oba Femi, has praised former UFC and WWE champion,...
    Sports

    Boxing: Portable loses second defeat in celebrity bout

    ‎By Oscar Chukwugekwu ‎Street-pop singer, Portable, suffered his second defeat in the celebrity boxing ring...

    More like this

    News

    Insecurity: Wike directs immediate demolition of suspected criminal hideout 

    ‎ ‎By Olawumi Oyehan ‎ ‎The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has directed...
    Sports

    ‎Football family have lost confidence in Infantino, says UEFA

    ‎European football governing body, UEFA, has stated that many members of the football family...
    Sports

    ‎Wrestling: Nigerian Oba Femi praises Brock Lesnar after WWE Summer Slam victory

    ‎By Teddy Nwanunobi ‎Nigerian-born professional wrestler, Oba Femi, has praised former UFC and WWE champion,...

    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