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.
-
News1 day agoSpaceX insiders get their first chance to cash out — but the stock’s slide will limit their opportunity
-
Finance1 day agoNAICOM revokes Nigeria Reinsurance licence, freezes bank accounts
-
Economy1 day agoAfrican free trade agency taps Nigerian firm for $3.1bn customs overhaul project
-
Finance1 day agoNigeria’s plan to tax crypto transactions could undermine adoption–operators
-
Economy1 day agoUNCTAD estimates Nigeria’s FDI inflow rose from $1.614bn in 2024 to $4.005bn in 2025
-
Stock Market1 day agoNGX extends gains with All-Share Index (advancing by 0.12%
-
Maritime1 day agoWe are committed to building an efficient, transparent, globally competitive maritime administration—Mobereola
-
Economy11 hours agoAfrica’s infrastructure guarantees platform plans to double its capital, CEO says
