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

    We’re injecting life back to local economy — Tinubu 

      ‎* Commends Wike for implementing urban renewal master plan ‎* Development will touch every district,...
    News

    DOGARA COMMISERATES WITH THE ALL PROGRESSIVES CONGRESS (APC) NATIONAL SECRETARY, SENATOR SURAJUDEEN AJIBOLA BASIRU, OVER MOTHER’S DEMISE.

    Former Speaker of the House of Representatives and Chairman of the Board of the...
    Politics

    State Police is national consensus, not politics -Senate

      By Ahmed Akanbi The Senate has pushed back on critics of the Constitution of the...
    News

    UK support key to peaceful, tech-driven 2027 polls -Dep Speaker Kalu

      By Ahmed Akanbi Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu,...

    More like this

    News

    We’re injecting life back to local economy — Tinubu 

      ‎* Commends Wike for implementing urban renewal master plan ‎* Development will touch every district,...
    News

    DOGARA COMMISERATES WITH THE ALL PROGRESSIVES CONGRESS (APC) NATIONAL SECRETARY, SENATOR SURAJUDEEN AJIBOLA BASIRU, OVER MOTHER’S DEMISE.

    Former Speaker of the House of Representatives and Chairman of the Board of the...
    Politics

    State Police is national consensus, not politics -Senate

      By Ahmed Akanbi The Senate has pushed back on critics of the Constitution of the...

    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