...Dangote reduces petrol to N1,200 Nigerian motorists bracing for another round of fuel price hikes may finally catch a break as Brent, the benchmark for Nigerian crude, plunged more than 15 percent to below $95 per barrel on Wednesday. This development followed President Donald Trump's announcement of a conditional two-week ceasefire agreement with Iran, sending shockwaves through global energy markets and triggering an almost immediate response from Africa's largest refinery. On Wednesday, Brent crude futures were down $18.27, or
...Dangote reduces petrol to N1,200 Nigerian motorists bracing for another round of fuel price hikes may finally catch a break as Brent, the benchmark for Nigerian crude, plunged more than 15 percent to below $95 per barrel on Wednesday. This development followed President Donald Trump's announcement of a conditional two-week ceasefire agreement with Iran, sending shockwaves through global energy markets and triggering an almost immediate response from Africa's largest refinery. On Wednesday, Brent crude futures were down $18.27, or