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Data provided for informational purposes only. Not financial advice.

Analysis generated with AI assistance. Prices are aggregated from public sources and may not reflect real-time market conditions.

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Home/Countries/Nigeria

Nigeria

Africa · West Africa · NGNOil ProducerOil Importer

Diesel

NEWS

$1.20/L

+40%7-day change

30-day range: $0.47 – $1.26

vs Historical

Pre-COVID $0.63+90%
Pre-Ukraine $0.70+72%
Pre-Iran $0.60+100%

Gasoline

NEWS

$0.98/L

+8.6%7-day change

30-day range: $0.50 – $1.09

vs Historical

Pre-Iran $0.48+105%

30-Day Price Trend

12 data points

Diesel Price Comparison

Nigeria$1.20
West Africa Average$1.34
Global Average$1.59

Market Insight

Nigeria's fuel prices have shown upward pressure over the past week, with diesel rising by 40%. As a domestic oil producer, the country benefits from some insulation against global price swings, though refining capacity and subsidy policies remain key factors. Current prices sit below the regional average of $1.34/L.

Analysis generated with AI assistance

NEWSSource: Google News / AI Extraction· Last updated: 2026-04-09

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