Opaindex
Commodities · 1 min read
Nigeria weekly market wrap (13 July 2026): Cement leads price gains
Across 7 daily-tracked Nigerian prices, 4 rose and 3 eased in the week to 13 July 2026 — Cement led gains (+3.2%) while Rice (local) eased (-2.3%).
Petrol (PMS) price in Nigeria today — data & news
Petrol (PMS) is ₦1,075 per per litre in Nigeria as of 13 July 2026, up 0% on the day. This hub tracks the live Petrol (PMS) price with its source and the latest 8 stories covering it.
Price
₦1,075
/ per litre
Market
Nigeria
Day change
0%
Source: Dangote ex-gantry dollar template (13 Jul 2026, $0.779/L ≈ ₦1,075.61) + station price survey (GlobalPetrolPrices/NMDPRA) · Confidence: high ·
Last updated
Related prices
| Item | Price | Day |
|---|---|---|
| Cement Nigeria · 50kg bag Confidence: High confidence | ₦9,500 | +1.6% |
| Palm Oil Lagos · 25 litres Confidence: Medium confidence | ₦48,000 | -0.8% |
| Iron Rod (12mm rebar) Nigeria · per length Confidence: Medium confidence | ₦9,800 | +0.5% |
| Rice (local) Nigeria · 50kg bag Confidence: Medium confidence | ₦82,000 | +0.4% |
| Groundnut Oil Nigeria · 25 litres Confidence: Low confidence | ₦62,000 | +0.3% |
| Sandcrete Block (9 inch) Lagos · per block Confidence: Medium confidence | ₦750 | 0.0% |
| Diesel (AGO) Nigeria · per litre Confidence: High confidence | ₦1,500 | 0.0% |
| Cooking Gas (LPG) Nigeria · per kg Confidence: Medium confidence | ₦1,400 | 0.0% |
| Rice (imported) Nigeria · 50kg bag Confidence: High confidence | ₦112,285 | 0.0% |
| Garri (white) Nigeria · 50kg bag Confidence: High confidence | ₦40,662 | 0.0% |
Latest Petrol (PMS) news
Energy · 4 min read
Dangote cuts petrol to ₦1,075 a litre and opens sales to all marketers
Dangote Refinery lowered its ex-depot petrol price by ₦50 to ₦1,075 per litre from early July 2026 — its second cut in a week and a cumulative ₦200 reduction since late May — and scrapped its 20-marketer loading consortium so any qualified marketer can now buy directly from the gantry and coastal terminals.
Energy · 4 min read
Nigeria's oil output tops its OPEC quota for the first time in 2026 — but stays below the budget target
Crude production averaged about 1.53 million barrels a day in May 2026 — 102% of Nigeria's 1.5m bpd OPEC quota and a 15-month high — as Trans Niger Pipeline security held. With condensate, combined output reached roughly 1.70m bpd, underpinning the naira and a 17-year reserves high. It still trails the 2.06m bpd the 2026 budget assumes.
FX & Currency · 4 min read
Nigeria's foreign reserves hit a 17-year high of $51.04bn — but the naira still slipped
Gross external reserves reached $51.04bn on 18 June 2026, the highest since 2009 and enough to meet the CBN's full-year target six months early. Yet the naira eased toward ₦1,380/$, a paradox the IMF says points to an undervalued currency.
Companies · 2 min read
Dangote Refinery cuts ex-depot petrol price to ₦1,175/litre as global crude eases
Dangote Petroleum Refinery lowered its ex-gantry petrol price by ₦75 to ₦1,175/litre from 16 June 2026, citing softer global crude after Middle East tensions eased — though pump-price relief depends on how quickly retailers pass it on.
Energy · 4 min read
Dangote cuts petrol price to ₦1,175 a litre as crude falls after the US–Iran ceasefire
Dangote Refinery lowered its ex-depot PMS price by ₦75 to ₦1,175 per litre from 16 June 2026, citing easing Middle East tensions and falling global crude — the first major downward review in months. Within days, imported petrol's landing cost slipped below the refinery's own price.
Policy · 4 min read
Nigeria's inflation rises to 15.93% in May 2026 as food prices stay sticky
NBS data shows headline inflation ticked up to 15.93% year-on-year in May 2026 — a third straight monthly rise — even as the month-on-month pace cooled to 1.75%. Food inflation held at 16.96% and remained the single biggest driver.
Trade · 4 min read
Nigeria's trade surplus jumps 341% to ₦7.55 trillion in Q1 2026 as the import bill shrinks
NBS data shows Nigeria's merchandise trade balance swung to a ₦7.55tn surplus in the first quarter of 2026 — up 340.88% on the prior quarter — as imports fell to ₦13.62tn while exports edged up to ₦21.17tn.
Frequently asked questions
What is the petrol (pms) price in Nigeria today?
Petrol (PMS) is ₦1,075 per per litre in Nigeria as of 13 July 2026, up 0% on the day. This hub tracks the live Petrol (PMS) price with its source and the latest 8 stories covering it.
Where does Opaindex source the petrol (pms) price?
Sourced from Dangote ex-gantry dollar template (13 Jul 2026, $0.779/L ≈ ₦1,075.61) + station price survey (GlobalPetrolPrices/NMDPRA). Confidence: high. Last updated 13 July 2026.
What is the latest petrol (pms) news?
The most recent of 8 stories on this hub is “Nigeria weekly market wrap (13 July 2026): Cement leads price gains” (13 July 2026). Opaindex links every article tagged Petrol (PMS), each sourced and dated.