MEMAN data: Petrol reaches N1,325 in Port Harcourt as Lagos cooking gas ranges N1,180 to N1,430
By Aboki Forex —
The Major Energies Marketers Association of Nigeria (MEMAN) has published its latest petroleum product price data for Monday, November 9, 2026, showing ex-depot petrol prices across Lagos, Calabar and Port Harcourt. The report also covers diesel, cooking gas, compressed natural gas and the share prices of energy companies listed on the Nigerian Exchange.
Petrol and diesel ex-depot rates
Petrol, also known as Premium Motor Spirit, sold for between N1,250 and N1,282 per litre in Lagos. In Calabar, the ex-depot price ranged from N1,285 to N1,305 per litre. Port Harcourt recorded N1,307 to N1,325 per litre, the highest reported minimum and maximum prices among the three locations.
For Automotive Gas Oil, commonly known as diesel, Lagos prices ranged from N1,780 per litre, while Warri recorded a lower starting price of N1,600 per litre. The supplied data did not make the upper diesel price figures clear.
CNG and cooking gas prices
Compressed natural gas for vehicles ranged between N380 and N500 per standard cubic metre. Liquefied petroleum gas, commonly known as cooking gas, was quoted at between N1,180 and N1,430 per kilogram in Lagos. In Port Harcourt, LPG prices ranged from N415 to N430 per kilogram.
Energy stocks on the NGX
Seplat Energy was quoted at N16,000.10, while Aradel Holdings traded at N1,296.00 per share. Geregu Power stood at N825.70, while TotalEnergies Marketing Nigeria traded at N518.40. Conoil was listed at N210.00, Transcorp Power at N232.00, Eterna at N36.30 and Oando at N35.90. The figures showed gains of 5.65% for Transcorp Power and 8.46% for Eterna.
Earlier, Nigerian National Petroleum Company Limited (NNPCL) retail outlets reduced their Premium Motor Spirit prices. The adjustment came three days after Dangote Refinery reduced its petrol gantry price by N85, from N1,285 to N1,200 per litre. Petrol was subsequently sold at N1,255 per litre, down from N1,330, a reduction of N75 per litre.
The MEMAN data gives households and businesses a location-by-location benchmark for petrol, diesel, cooking gas and CNG costs as wholesale fuel prices continue to move.
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