Petrol pump prices defy low depot rates, stay above N1,300

Author: Udeme AkpanPublished on: September 9, 2026Country: Nigeria

Business & Economy

Petrol pump prices defy low depot rates, stay above N1,300

Petrol prices remain high at filling stations across Nigeria despite a significant drop in depot prices. The depot price report for September 8, 2026, showed Premium Motor Spirit selling between N1,266 and N1,280 per litre at major Lagos depots. Retail stations are still charging as much as N1,325 per litre, raising concerns over profiteering between wholesale and retail prices.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Public Procurement: Chinese ZTE Excluded Until 2028 After Termination of RNTU Contract Linked to a Loan of 78 Billion FCFA

Business & EconomyCameroon

Investir au Cameroun Publication•12h ago

Public Procurement: Chinese ZTE Excluded Until 2028 After Termination of RNTU Contract Linked to a Loan of 78 Billion FCFA

ZTE Cameroon, a subsidiary of the Chinese group ZTE, is excluded from public procurement until August 12, 2028, following the termination of its contract for the National Emergency Telecommunications Network (RNTU). This exclusion, recorded by the ARMP, is justified by non-compliance with contractual clauses and abandonment of the project. The termination decision dates back to July 17, 2024, although the registration occurred in 2026.

Starlink suspended in Senegal: Those who really risk losing their internet access

Business & EconomyTechnologySenegal

senenews.com•12h ago

Starlink suspended in Senegal: Those who really risk losing their internet access

The Supreme Court of Senegal has ordered the provisional suspension of Starlink's license, potentially affecting tens of thousands of Senegalese, especially in rural areas. Starlink, which arrived in Senegal in February 2026, aimed to improve connectivity in regions lacking fiber optic access. The suspension could deprive many rural households, particularly in areas like Kédougou and Sédhiou, of internet access, while the state had planned to connect one million Senegalese through this service.

Succession: Rupert’s son, Anton, appointed Richemont co-deputy chair

Business & EconomySouth Africa

William Brederode•12h ago

Succession: Rupert’s son, Anton, appointed Richemont co-deputy chair

Anton Rupert, the son of South African businessman Johann Rupert, has been appointed co-deputy chair of Richemont, a luxury goods company. This appointment marks a significant step in the succession within the family business. Anton Rupert has previously held various positions within Richemont, thereby strengthening his role in the company's leadership.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more