By Blaze 91.5 FM | July 24, 2026 | 3 min read
Transport fares have risen again in parts of the country as petrol price climbed to as high as N1,400 per litre.
The latest increase followed a surge in global crude oil prices, with Brent crude rising above $100 per barrel amid renewed tensions in the Middle East.
Fresh loading data obtained from petroleum marketers showed an upward movement in ex-depot prices across Lagos, Warri and Calabar.
In Lagos, A.A. Rano increased its ex-depot price from N1,275 to N1,279 per litre; while African Terminal, Ascon, Gulf Treasure, Integrated and T.Time hiked their rates to N1,275.
Aiteo, Heyden and Nipco maintained existing prices of N1,275; while Emadeb bucked the trend by reducing its rate from N1,278 to N1,274 per litre.
Dangote Refinery, the dominant fuel supplier, had on Thursday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long suspension, while raising its ex-depot petrol price to N1,215 per litre.
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