Petrol Prices Rise at Major Depots as Global Crude Oil Rebounds to $76.20 per Barrel
Major petroleum depots in Nigeria have increased the ex-depot price of petrol following a fresh rally in international crude oil ...
Tag: #inflation
NNPC Lowers Petrol Price to N1,210 per Litre in Lagos and Abuja
The Nigerian National Petroleum Company (NNPC) Limited has reduced the retail price of petrol at its filling stations nationwide, citing ...
Nigeria Records N366bn Drop in Exports to US as Imports Surge in Q1 2026
Nigeria’s exports to the United States declined significantly by N365.64 billion in the first quarter of 2026, even as imports ...
Naira Holds Firm at N1,380/$ as FX Inflows Reach One-Year High
The Nigerian naira maintained stability against the US dollar in the official foreign exchange market on Thursday, closing at N1,380.11 ...
S&P Global Raises Nigeria’s 2026 Inflation Forecast to 16.9% Amid Energy Pressures
Global ratings agency S&P Global has revised its inflation projection for Nigeria upward to 16.9% for 2026, citing stronger-than-expected transmission ...
FG Dismisses Plans for New Taxes on Fuel and Telecoms
The Federal Government has strongly refuted reports claiming it intends to introduce new taxes on petroleum products and telecommunications services, ...
Nigeria’s Inflation Climbs to 15.93% in May as Price Pressures Persist
Nigeria’s headline inflation rate rose for the second consecutive month, reaching 15.93% in May 2026, up from 15.69% recorded in ...
Naira Holds Steady at N1,361/$ as Dollar Gains Support from Robust US Jobs Data
The Nigerian naira traded with relative stability in the official foreign exchange market during the first half of the week, ...
Petrol Price Rises Sharply to ₦1,532.93 per Litre in April – NBS
The average retail price of Premium Motor Spirit (petrol) in Nigeria increased significantly to ₦1,532.93 per litre in April 2026, ...
Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb
The average cost of consuming a healthy diet for an adult in Nigeria increased to N1,541 per day in March ...
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