BlockForecast

economy · Resolved · Resolves Aug 1, 2026, 11:59 PM UTC

Will Dangote Refinery's gantry petrol price drop below ₦1,000/L on or before July 31, 2026?

20% YES · 80% NO — $0 traded · 0 unique traders. Trade this market on BlockForecast, Africa's prediction market on Base. Settle in USDC.

Dangote gantry price was ~₦1,200/L in mid-May 2026, after 17 price adjustments since January. Iran-Israel tensions kept Brent crude elevated through Q2. A drop below ₦1,000 would require crude easing AND Dangote cutting margins.

Resolution criteria

Resolves YES if Dangote Refinery publishes a gantry (ex-depot) petrol/PMS price below ₦1,000 per litre on any single day on or before July 31, 2026, as reported by at least one of: BusinessDay, Punch, Vanguard, Daily Post, Channels TV. Resolves NO otherwise.

Market details

How to trade this market

  1. Sign in at blockforecast.io with Google, Apple, or your wallet — an embedded Base wallet is created for you.
  2. Fund with USDC on Base from any CEX (Binance, Bybit, OKX, Crypto.com), or use the in-app bridge from any chain.
  3. Open this market and click YES or NO at the current price.
  4. The AI oracle resolves the market automatically once the resolution criteria are met. Winning shares pay $1 each.

Trade this market →