Author: InvestAdvocate

Dangote Refinery Says Price Reduction by 5.6% Reduces Pump Prices, Not FG’s Suspension of 15% Import Tariff on PMS, Diesel

November 17, 2025/Dangote Group The attention of Dangote Petroleum Refinery has been drawn to a series of misleading publications claiming that the recent reduction in pump prices by oil marketers is a consequence of the Federal Government’s reversal of the 15 per cent import tariff. This narrative is entirely false, […]

Headline Inflation Drops to 16.05% Y/Y in October

November 17, 2025/Cordros Report Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation fell sharply by 196bps to 16.05% y/y in October (September: 18.02% y/y). However, on a month-on-month basis, consumer prices increased by 21bps to 0.93% (September: +0.72% m/m). Food inflation decreased by […]