Cement prices in Nigeria have reportedly reached N15,000 per bag, prompting the Federal Competition and Consumer Protection Commission to investigate suspected price manipulation. A report by Legit.ng compared prices of major brands including Dangote and BUA in Nigeria with those in Ghana, Togo and Benin, highlighting disparities across the West African market.

Despite a significant drop in crude oil prices to $73 per barrel, petrol prices in Nigeria continue to remain high, with consumers hoping for a reduction below N1,000 per litre.

According to Nairametrics, Nigeria’s petrol import bill rose sharply in the second quarter of 2026, reaching N952.15 billion. The outlet said the figure represents a 989.4% quarter-on-quarter increase from N87.40 billion in the first quarter. The report highlights a major rise in spending on imported petrol within Africa’s largest oil producer, based on the publication’s quarterly comparison of import costs.

Nigerian motorists could see cheaper petrol once the country's domestic refining industry becomes stronger, more competitive and financially sustainable, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Petrol currently sells at about N1,310 to N1,350 per litre in many parts of Nigeria, after prices rose from previous levels. The regulator's comments link future fuel affordability to the growth and viability of local refining capacity.

Nigeria spent N952.15bn on fuel imports in the second quarter of 2026, according to Punch, despite the country's growing domestic refining capacity. The spending comes amid an ongoing feud between Dangote Refinery and fuel importers. The figure highlights continued reliance on imported petroleum products even as local refining operations expand, raising questions about the impact of the dispute between Africa's largest refinery and import marketers on the nation's fuel supply and costs.

Cooking gas prices have fallen across Nigeria following an increase in the supply of liquefied petroleum gas (LPG), according to a report by Legit.ng. The decline has brought relief to consumers in major cities including Lagos, Kano and Enugu. Prices had previously surged to around N2,500 in July amid market volatility, but the improved supply situation has since eased costs for households that rely on LPG for cooking across the country.