Last mentioned: Mar 21, 2026
Payment Deadline
Deadline for marketers to provide evidence of payment for price differentials in trading accounts.
Implementation
New ex-depot price of N1,245/litre becomes effective at midnight.
Price Hike Notification
Dangote Refinery issues late-night notice to marketers regarding price adjustments.
Dangote Petroleum Refinery has increased its ex-depot petrol price to N1,245 per litre, citing rising global crude costs and geopolitical instability in the Middle East. The adjustment, effective March 21, 2026, is expected to drive up pump prices and transportation costs across Nigeria.
Dangote Petroleum Refinery has increased the ex-depot price of petrol to N1,245 per litre, citing rising global crude costs and Middle East geopolitical tensions. The adjustment is expected to trigger a wave of price increases across the Nigerian logistics and retail sectors.
Dangote Petroleum Refinery has increased its ex-depot petrol price to N1,245 per litre, citing escalating Middle East tensions and rising global crude costs. The price adjustment, effective March 21, 2026, is expected to trigger immediate inflationary pressure across Nigeria's logistics and transportation networks.