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

    HUMAN RIGHTS: OUR EVERYDAY ESSENTIALS  (PART 2)

      INTRODUCTION The inaugural installment of this piece was necessarily foundational. It examined the origins and...
    News

    Niger Delta Think Tank vows to expose Nigeria Immigration Law breaches  

      A Niger Delta group, the Movement for the Intellectuals for National Development (MIND), has...
    News

    Petroleum Institute matriculates 2101 students for 2025/2026 academic calendar

      The Petroleum Training Institute (PTI), Effurun in Delta, has matriculated a total of 2101...
    News

    US based Ijaw scholar calls for Institutional Rethink, Advocates Plural Leadership Structure in Ijaw Nation

      A prominent voice within the Ijaw intellectual community has called for a strategic rethink...

    More like this

    News

    HUMAN RIGHTS: OUR EVERYDAY ESSENTIALS  (PART 2)

      INTRODUCTION The inaugural installment of this piece was necessarily foundational. It examined the origins and...
    News

    Niger Delta Think Tank vows to expose Nigeria Immigration Law breaches  

      A Niger Delta group, the Movement for the Intellectuals for National Development (MIND), has...
    News

    Petroleum Institute matriculates 2101 students for 2025/2026 academic calendar

      The Petroleum Training Institute (PTI), Effurun in Delta, has matriculated a total of 2101...

    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