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Fuel prices

No respite for fuel consumers as US-Iran ceasefire ends in escalation

The worsening impasse over the Strait of Hormuz, coupled with renewed attacks around the Red Sea, is threatening to keep global oil and petroleum-product prices elevated, with potentially severe consequences for fuel consumers in Nigeria despite the country’s growing capacity…

Another year closes with fuel price drop

 * Dangote’s price cuts face implementation challenges Sopuruchi Onwuka The domestic fuel market is set to end 2026 with slight fall in the prices of transportation fuels, especially the premium motor spirit popularly called petrol which fires cars and light…