Fuel Prices Surge Across Nigeria as Market Adjusts to Refinery and Global Oil Developments

Motorists and businesses across Nigeria are facing another increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol, following fresh price adjustments by refiners, depot operators, marketers, and the Nigerian National Petroleum Company (NNPC) Limited. The latest increase has pushed petrol prices in several parts of the Federal Capital Territory (FCT) and […]

MRS Fuel Stations Face Week-Long Supply Disruption as Dangote Refinery’s New Petrol Price Reshapes Market

Motorists in parts of Nigeria’s capital have encountered closed pumps and empty forecourts at several MRS filling stations after a week-long disruption in petrol supply, highlighting the immediate effects of recent changes in the country’s downstream petroleum market. Field observations by LMSINT MEDIA indicate that multiple MRS retail outlets across Abuja and surrounding areas have […]