Uncategorized

Petrol: MRS Slashes Petrol Price to N935/Litre Nationwide, Enforces compliance

… Nigerians praise Dangote-MRS partnership   December 23, 2024/Dangote Group MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide. This follows an announcement by the President of Dangote Industries Limited, […]

Holiday Bonanza: Dangote Reduces PMS Price to N899.50k

…Introduces special purchase offer for consumers   December 19, 2024/Dangote Group Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season. Africa’s first privately-owned oil refinery, which previously lowered the […]

Nigeria’s Inflation Accelerates 34.60% in November from 33.88% in October 2024

December 16, 2024/InvestmentOne Update Headline inflation rate rose to 34.60% y/y in November 2024 vs. 33.88% y/y in October 2024. Likewise, food inflation rate increased to 39.93% y/y in November 2024 vs. 39.16% y/y in October 2024. Elsewhere, core inflation rate edged higher to 28.75% y/y in November 2024 vs. […]