JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude

Published

2 months ago

March 2, 2026

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JUST IN: Dangote Refinery Increases Petrol Price as Middle East Tensions Put Upward Pressure on Crude—Dangote Refinery has increased its Premium Motor Spirit gantry price.
The 650,000-barrel-per-day refinery increased its petrol price to N874 per litre, up from N799.

This means that the African’s largest refinery adjusted its petrol price by N75 per litre on Monday.

The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, confirmed Dangote Refinery’s price hike to Newsmen exclusively on Monday.

According to him, the move comes amid a hike in global crude oil prices following the Iran-United States-Israel conflict escalation in the past three days.

“It is due to global crude oil price volatility following the Iran-US-Israel war. It is the ripple effect of ongoing conflict,” he told Newsmen.

According to him, the development would trigger a retail fuel price hike nationwide.

The Genius Media Nigeria reports that on Monday, Brent and West Texas Intermediate crude blends rose to $78.50 and $71.84 per barrel, respectively, up from $72.87 and $67.02 on Saturday.

Recall that on January 27, Dangote Refinery had hiked its petrol price by N100 per litre to 799 per liter.

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ICC Prosecutor in Fresh Storm After Netanyahu Warrant, Faces Sex Misconduct Probe

Published

1 month ago

April 2, 2026

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ICC Prosecutor in Fresh Storm After Netanyahu Warrant, Faces Sex Misconduct Probe—-The Chief Prosecutor of the International Criminal Court, Karim Khan, has come under scrutiny following reports of sexual misconduct allegations, just months after issuing a high-profile arrest warrant targeting Benjamin Netanyahu.

The development has sparked global attention, given Khan’s central role in pursuing war crimes cases and holding world leaders accountable. The allegations are now being examined through internal and independent procedures, in line with the court’s oversight mechanisms.

The controversy comes at a sensitive time for the ICC, which has been at the center of geopolitical tensions, particularly after moves to investigate actions linked to the ongoing conflict involving Israel. The arrest warrant against Netanyahu had already drawn sharp reactions from Israeli officials and some international allies.

While details of the misconduct claims remain limited, officials familiar with the process say the matter is being treated seriously, with calls for transparency and due process.

Legal analysts note that the situation could impact the credibility of the court if not handled carefully, as the ICC relies heavily on global trust to carry out its mandate.

As proceedings unfold, attention will remain on how the court balances accountability within its ranks while continuing its high-stakes international investigations.

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JUST IN: Donald Trump Threatens NATO Exit After Rift Over Iran War

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1 month ago

April 1, 2026

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JUST IN: Donald Trump Threatens NATO Exit After Rift Over Iran War—-US president Donald Trump brands alliance a “paper tiger” and lashes out at Britain as Keir Starmer defends NATO.

Donald Trump says he is strongly considering pulling the United States out of North Atlantic Treaty Organization after allies refused to support US military action against Iran.

In an interview with Britain’s Daily Telegraph, Trump described NATO as a “paper tiger” and said removing the US from the alliance was now “beyond reconsideration.” He accused European allies of failing to back Washington during the conflict with Iran and criticised their refusal to send warships to help reopen the Strait of Hormuz.

Trump also took aim at Britain, mocking the state of its navy and criticising Prime Minister Keir Starmer’s focus on renewable energy.

“You don’t even have a navy,” Trump said. “All Starmer wants is costly windmills.”

Starmer responded by insisting Britain remains fully committed to North Atlantic Treaty Organization, calling it “the single most effective military alliance the world has ever seen.” He said his government would continue to act in Britain’s national interest despite mounting pressure from Washington.

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