The move is expected to gradually shift domestic gas pricing from government-regulated rates to a market-based system where prices are determined by negotiations between willing buyers...
The latest approval is expected to support petrol supply across the country during the final quarter of the year.
Cardoso said the committee agreed to reset the Monetary Policy Rate (MPR) to 23 per cent.
The latest fuel price adjustment is expected to put downward pressure on petrol pump prices nationwide.
The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has risen to about N1,300 per kilogramme in Lagos, representing an 8.3 per cent...
Dangote explained that the price of crude oil and developments in the international market continue to influence the cost of petrol produced by the Dangote Refinery.
Nigeria’s headline inflation rate fell slightly to 15.39 per cent in August 2026, compared with 15.43 per cent recorded in July. The National Bureau of Statistics...
The latest adjustment represents an increase of between N50 and N80 per litre, depending on the retail outlet.
Using Niger as an example, the businessman said petrol sold for N1,350 per litre in Nigeria could cost between 20 and 25 per cent more across...
The Power Sector Debt Reduction Programme is part of the Federal Government’s broader efforts to resolve liquidity challenges that have affected