Donald Trump said the US is preparing for likely military action in Nigeria. Legit.ng lists the states that may be affected if the US takes true to her word.
The NNPC Limited retail stations have reduced petrol pump prices nationwide following improved supply from the Dangote Refinery, with Abuja now at N945 per litre.
Nigeria's crude oil production jumped by 10% to 1.71 million barrels per day in July, compared to the 1.505 million barrels recorded the previous month.
Another petrol price hike is imminent following the surge in crude prices in the international market. Already, some depots have suspended sales entirely.
The planned nationwide fuel distribution plan of the Dangote Refinery has hit a snag as talks between the Nigerian government and marketers were deadlocked.
Dangote Refinery has announced the receipt of 1,000 out of the 4,000 CNG-powered trucks for nationwide fuel distribution, which will start in the South-West.
The price of petrol could change again at filling stations and depots, including the Dangote refinery, as crude oil prices rise following fears of supply disruption.
The Nigerian government has commenced the second phase of the Siemens power project to boost the country's electricity supply and stabilise the national grid.
Dangote Refinery, AA Rano, and Aiteo have raised petrol prices from N821 per litre to N823, with analysts warning that further hikes are likely this week.
Nigerians still pay less for petrol than in other West African countries as Dangote Refinery's ex-depot adjustments influence nationwide pump prices.
The National Bureau of Statistics has disclosed that the price of diesel in July 2025 increased again, indicating that companies are spending more on power.
Energy
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