Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
Nigeria’s central bank says petrol prices could average about ₦950 per litre in 2026, reflecting oil price assumptions, exchange rate trends and refining capacity.
Dangote Refinery says petrol prices could hit ₦1,400 per litre without domestic refining, warning that heavy import reliance leaves Nigeria exposed to sharp fuel cost swings.
Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.
Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.