Tag Archives: Pump price

Middle East War, Nigerian Pain: How Iran–Israel–US Conflict Is Driving Up Fuel Prices, Cost of Living

By Precious Nwonu “There’s a kind of chain reaction that happens. When there is conflict in a major oil-producing region, the first thing you usually see is an increase in crude oil prices. That then feeds into refined fuel prices, petrol, diesel, aviation fuel, and so on,” said Head of Insights at SBM Intelligence, Victor Ejechi, in an exclusive interview …

Read More »

Market Set to React as NNPCL Raises Fuel Price to N998 Per Litre

The Nigerian National Petroleum Company Limited (NNPC Ltd) has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from N855 to N998 per litre. This price hike, announced on Wednesday, represents a 12.7% increase, or an additional N113 per litre. The increment has been rolled out across all NNPC Ltd filling stations, according to media reports. Meanwhile, …

Read More »
Social Media Auto Publish Powered By : XYZScripts.com