Petrol prices are nearing ₦1,400 per litre as Dangote Group increases rates.

Petrol prices in Nigeria are approaching ₦1,400 per litre due to rising global oil costs driven by Middle East tensions and supply concerns. Dangote Petroleum Refinery has increased its petrol loading price from ₦1,200 to ₦1,275 per litre, following a spike in Brent crude prices from $105 to $118 per barrel.