Nigeria, July 9 -- The Dangote refinery has reduced the price of petrol from N840 per litre to N820 per litre, marking another price cut in recent weeks.

The company's Group Chief Branding and Communications Officer, Anthony Chiejina, disclosed this in a short message sent to PREMIUM TIMES on Tuesday night.

"We have reduced gantry price to N820 from N840," Mr Chiejina said.

The refinery had previously reduced the price of petrol from N880 per litre to N840 per litre on 30 June, reflecting the drop in global crude oil prices at the time.

Despite the recent rise in crude oil prices, which pushed both Brent and West Texas Intermediate (WTI) crude to their highest closing levels since 23 June, the Dangote Refinery has maintained its commi...