Dangote Refinery has raised the ex-depot price of petrol by N75 per litre.
On Wednesday, the refinery confirmed that the price has moved up from N1,200 to N1,275 per litre. At the same time, coastal prices have also been adjusted upward to N1,215 per litre.
The latest change comes at a period when global oil prices are also on the rise. Brent crude is currently trading at $114.80 per barrel, reflecting a 3.15% increase.
Market reports further show that Brent crude has climbed slightly higher to $115 per barrel.
The new pricing from Dangote Refinery adds fresh pressure to the fuel market, as both local and international crude prices continue to shift upward.
