Unless there are any last-minute alterations, MRS and other collaborators of the Dangote Petroleum Refinery are poised to commence the sale of petrol at the price of N739 per litre. This announcement follows a mere two days after the refinery considerably reduced its petrol gantry price from N828 to N699 per litre. During a press…
Global oil prices surged by over 2% after the United States conducted airstrikes on three Iranian nuclear facilities. According to data from Oilprice.com, oil prices soared as trading began on Monday. As of 1:16 AM on Monday, Brent crude was priced at $78.99 per barrel, while West Texas Intermediate futures reached $75.81 per barrel, up…
On Friday, investors in the Nigerian stock market celebrated a gain of N148 billion, marking a positive end to the week. By the close of trading on Friday, market capitalization increased by N148 billion, or 0.22 percent, reaching N66.257 trillion, up from N66.109 trillion on Thursday. The All-Share Index (ASI) also rose by 234.52 points,…
The Petroleum Retailers Outlets Owners Association (PETROAN) has praised the Nigerian National Petroleum Company Limited (NNPCL) for its recent reduction in petrol prices. This announcement was made by PETROAN spokesperson Joseph Obele on Monday. NNPCL has lowered its retail price from N965 per litre to N880 in the Federal Capital Territory, Abuja. In response, PETROAN’s…
The National Bureau of Statistics yesterday said that the surge in prices of food items continued in April, with the average price of five basic foods items recorded 140.4 per cent, Year-on-Year, YoY increase during the month. The five food items are local rice, garri white, tomatoes, beans brown and yam. People Talk: On sale…
