price inflation

  1. Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation

    Nigeria Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation

    The Dangote Refinery accuses International Oil Companies (IOCs) of obstructing crude purchases and inflating prices. Despite the Petroleum Industry Act’s provisions, IOCs demand premiums above official prices. The refinery urges the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to...
  2. Today's Naira Rate [13-04-2024]: Nigerians Question When Prices of Goods Will Drop as Naira Hits N1,070 to $1

    Nigeria Today's Naira Rate [13-04-2024]: Nigerians Question When Prices of Goods Will Drop as Naira Hits N1,070 to $1

    As the Nigerian Naira reached a staggering N1,070 to $1, many citizens took to social media to express their concerns about the increasing exchange rate and its impact on the cost of living. Despite the significant devaluation of the currency, there has been no noticeable decrease in the prices...
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