LAGOS OCTOBER 12TH (NEWSRANGERS)-Dangote Refinery-backed MRS and other Nigerian filling stations have increased their retail prices of Premium Motor Spirit, PMS, popularly known as petrol. A market survey by DAILY POST on Sunday showed that filling stations in Abuja and environs raised petrol prices to N1,409 per litre from N1,370. This means that MRS filling…
LAGOS MAY 15TH (NEWSRANGERS)-The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja. However, the price adjustment has not yet been implemented in Lagos and other cities across Nigeria. Meanwhile, Dangote Petroleum Refinery initiated the…
LAGOS AUGUST 11TH (NEWSRANGERS)-The pump price of the Premium Motor Spirit (PMS) may yet increase to about N750 per litre, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted. This is even as the association urged the government to initiate policies that would save the naira from further depreciation. The association’s national spokesperson, Mr….
LAGOS AUGUST 4TH (NEWSRANGERS)-Petrol pump prices in Nigeria are likely to increase for the third time since subsidy removal as Platt benchmark price for petroleum products reached a staggering $979.75 per metric ton (MT) at the close of Wednesday’s trading session. Additionally, the Argus benchmark price trading platform reported prices of $960.86/MT and $1,010.86, including…
