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

    Business

    Debt service gulps 72% FG revenue in seven months – Report

      The Federal Government spent nearly three-quarters of its total revenue on debt servicing in...
    News

    Groups assure of Tinubu’s commitment in addressing S/East needs

    A coalition of 199 pro-Igbo progressive groups has assured Igbos that the Bola Tinubu...
    News

    Katsina successfully recovers N10bn worth properties, 38 years after creation

    The Katsina State Government has successfully recovered landed properties valued at over N10 billion,...
    News

    FG moves to revive abandoned government press, end years of waste

      The Federal Government will take decisive steps to halt years of waste and neglect...

    More like this

    Business

    Debt service gulps 72% FG revenue in seven months – Report

      The Federal Government spent nearly three-quarters of its total revenue on debt servicing in...
    News

    Groups assure of Tinubu’s commitment in addressing S/East needs

    A coalition of 199 pro-Igbo progressive groups has assured Igbos that the Bola Tinubu...
    News

    Katsina successfully recovers N10bn worth properties, 38 years after creation

    The Katsina State Government has successfully recovered landed properties valued at over N10 billion,...

    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