inflation rate
Responding to calls from oil marketers, Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil (diesel) from N1,200/litre to N1,000/litre. This move has sparked excitement among operators in the downstream oil sector. Tony Chiejina, the spokesperson for Dangote refinery, disclosed this development in a statement issued on Tuesday. He emphasized […]
Nigeria’s inflation rate has surged to 29.90% in January 2024, marking a notable increase from the previous month’s 28.92%. This was revealed in the latest report from the National Bureau of Statistics (NBS) on Thursday, February 15, 2024, describing the mounting economic challenges facing the nation. The surge in inflation, driven primarily by food inflation […]
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