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    Diesel increases by 11.18% to N815/litre

    David GreatBy David GreatJuly 26, 2023No Comments1 Min Read
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    Nigeria's capital importation jumps by 210% in Q1 2024
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    The National Bureau of Statistics (NBS) says Nigerians paid an average of N815 per litre for Automotive Gas Oil (Diesel) in June 2023, noting that, it was an increase of 11.81 per cent.

    The NBS in its analysis explained that the average retail price of diesel paid by consumers in June 2023 was N815.83 per litre, an increase of 11.18% from N733.78 per litre recorded in the corresponding month of the previous year.

    On a month-on-month basis, this decreased by 3.37% from N844.28 per litre reported in May 2023.

    On state profile analysis, the highest average price of the product in June 2023 was recorded in Taraba with N899.23, followed by Adamawa with N875.67, and Niger with N873.33.

    • 12kg cooking gas price drop in May – NBS

    On the other hand, the lowest price was recorded in Bayelsa with N733.20, followed by Imo with N742.71 and Kebbi with N746.00.

    Furthermore, analysis by zone showed that the North-Central had the highest price at N856.97, while the South-East recorded the lowest price at N776.69.

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    Finance ministry says US-Iran war may push oil prices higher, affect Nigeria's capital inflows

    Finance ministry says US-Iran war may push oil prices higher, affect Nigeria’s capital inflows

    March 12, 2026
    Africa: New injectable drug for HIV prevention gets US approval

    Nigeria receives new HIV prevention injection

    March 12, 2026
    UNIFIL to withdraw troops from Lebanon by mid 2027- UN

    UN condemns Iran over attack on Gulf states

    March 12, 2026
    NUPRC says Nigeria’s oil production rose by 0.89% to 1.71m in July

    Iran threatens Strait of Hormuz blockade, oil to hit $200/barrel

    March 12, 2026
    China stated on Monday that Iran decision to appoint Mojtaba Khamenei as its new supreme leader following his father's assassination was an internal matter, and it opposed any attempt to harm him.

    Iran vows to attack US, Israeli banks, economic centers

    March 12, 2026
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