Saturday, October 25, 2025

The Truth Banishes Fear!

Menu
  • October 9, 2024

Just In! NNPCL Increases Petrol Pump Price To N1,030 per litre

The New Diplomat
Writer

Ad

Unknown Facts About Olufemi Oluyede, Waidi Shaibu, Other New Security Chiefs

By Abiola Olawale ​President Bola Tinubu's recent shake-up of the security architecture, which saw the appointment of General Olufemi Oluyede as the new Chief of Defence Staff (CDS) and Major-General Waidi Shaibu as the Chief of Army Staff (COAS), has dominated headlines. While their appointments signal a major shift in the nation's security strategy, many…

October 24, 2025 • News

Tinubu Hails Nigeria’s Exit from FATF Grey List

By Abiola Olawale President Bola Ahmed Tinubu has hailed Nigeria’s formal removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring. This is as the President hailed the development as a "major milestone" and a "strategic victory" for the nation's financial integrity. ​The New Diplomat reports that FATF, a global financial…

October 24, 2025 • Nigeria

Trump’s Sanctions Light a Fire Under Oil Prices

Oil markets roared back to life after Trump’s sanctions on Russia’s top oil producers sent prices surging. Trump’s sanctions on Russia’s top oil firms have cut short the past weeks’ downward pricing movement, with stories of record high crude on water, flattening backwardation curves and weakening Chinese SPR purchases now all put on the back…

October 24, 2025 • News

Ad

By Abiola Olawale

The Nigerian National Petroleum Company Limited (NNPCL) has once again jerked up the pump price of the Premium Motor Spirit (PMS) also known as fuel.

Reports reaching the New Diplomat reveal that the NNPCL outlets in Abuja adjusted their price to N1,030 per litre on Wednesday.

It was also gathered that in Lagos State, NNPCL outlets are currently selling at N998 per litre, while in other South Western states, the oil corporation is selling at N1,025 per litre.

This comes after NNPCL retail outlets adjusted the pump price of fuel in September 2024. It would be recalled that retail outlets increased the pump price from N568 to N855, N897, respectively.

The development follows the commencement of the lifting of fuel from Dangote Refinery, owned by Nigerian billionaire business mogul, Alhaji Aliko Dangote.

More to come soon…

Ad

X whatsapp