The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦75 per litre, moving it from ₦1,200 to ₦1,275.
According to market updates, the coastal price has also been adjusted upward to ₦1,215 per litre following the new review.
The latest adjustment represents an estimated 3.15% increase and comes amid a rise in global crude oil prices, with Brent crude reportedly trading at around $114.80 per barrel.
