Oil and Gas
Diesel price drpped to ₦1,789.45 per litre in July—NBS
National Bureau of Statistics (NBS) says the average retail price of a litre of diesel decreased from N1,813.81 in June 2025 to N1,789.45 in July. The NBS said this in its Diesel Price Watch for July, released in Abuja on Friday. The report stated that the July price of N1,789.45 per litre represented a 1.34 per cent decrease from the N1,813.81 paid in June. “On a year-on-year basis, the price increased by 29.72 per cent from the N1,379.48 per litre recorded in July 2024,” it said.
According to the state profile analysis, the highest average price of diesel in July was recorded in Benue at N2,341.46 per litre, followed by Adamawa at N2,163.88 and Plateau at N2,029.71. It said the lowest price was recorded in Ondo State at N1,465.71 per litre, followed by Zamfara at N1,470.35 and Gombe State at N1,485.00. “Analysis by zones showed that the South-South had the highest price of N1,941.98 per litre, while the South-West recorded the lowest price at N1,619.06,’’ it said.
-
News24 hours agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Maritime24 hours agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy23 hours agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Finance23 hours agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Business23 hours agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Agriculture23 hours agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Oil and Gas23 hours agoDangote refinery backs gantry loading, cautions against costly coastal evacuation
-
News23 hours agoRaham Bello, others launch N20bn endowment fund for alma mater
