Nigeria, March 3 -- The Dangote Petroleum Refinery has increased its petrol gantry price by N100, raising the ex-depot rate from N774 to N874 per litre amid renewed volatility in global crude oil markets.

An official of the refinery confirmed the adjustment to PREMIUM TIMES on Tuesday morning.

"It is true," the official told PREMIUM TIMES, although the company is yet to release an official statement to that effect.

Filling stations in Abuja have already adjusted their prices in Abuja. On Tuesday morning, PREMIUM TIMES observed that both Conoil and NNPC filling stations along Airport Road in Lugbe were selling at N960/litre, up from N880 and N875 on Monday.

The filling station's vendors said the prices were adjusted on Tuesday morning....