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

    Armed forces remembrance: Kogi PDP chairman salutes sacrifices made by fallen heroes, heroines

      Olu Samuel The Kogi State Chairman, Peoples Democratic Party, Hon. Muhammed Sanni Gambo, has joined...
    News

    Don outlines reason for thriving corrupt practices in Nigeria 

      Olu Samuel   The Rector ,Kogi state polythecnic, Lokoja, Professor Salisu Ogbo Usman has blamed politicization...
    News

    Impeachment: Will prayers save Fubara?

      By Bola BOLAWOLE   Erstwhile governor of Ekiti state, Peter Ayodele Fayose, has said only prayers...
    News

    ASUU strikes: FG, union agree new payments for lecturers

    The Federal Government of Nigeria and the Academic Staff Union of Universities (ASUU), Wednesday,...

    More like this

    News

    Armed forces remembrance: Kogi PDP chairman salutes sacrifices made by fallen heroes, heroines

      Olu Samuel The Kogi State Chairman, Peoples Democratic Party, Hon. Muhammed Sanni Gambo, has joined...
    News

    Don outlines reason for thriving corrupt practices in Nigeria 

      Olu Samuel   The Rector ,Kogi state polythecnic, Lokoja, Professor Salisu Ogbo Usman has blamed politicization...
    News

    Impeachment: Will prayers save Fubara?

      By Bola BOLAWOLE   Erstwhile governor of Ekiti state, Peter Ayodele Fayose, has said only prayers...

    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