Nigeria, July 16 -- Dangote Petroleum Refinery & Petrochemicals Industries has continued to cushion Nigeria's fuel market from global price volatility by keeping domestic petrol prices stable despite rising international gasoline prices, higher freight rates, and tightening global supply, according to S&P Global Commodity Insights.

The market intelligence firm said the refinery's pricing strategy has helped shield consumers from mounting import costs that are putting upward pressure on fuel prices across West Africa.

According to its latest market intelligence, S&P noted that importers supplying the Nigerian market are becoming increasingly concerned over the sharp rise in international gasoline prices, with traders attributing the pres...