The Dangote Group has confirmed a hike in the ex-depot price of Premium Motor Spirit (PMS), citing a significant rise in global crude oil prices as the primary driver. The depot price at the Dangote Refinery has been adjusted from N899.50 to N955 per liter, effective Friday. This announcement, confirmed by oil marketers and detailed [...]The post Dangote Group Confirms Petrol Price Hike, Dampens Initial Optimism appeared first on Tekedia.
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