Tag: Fuel price reduction

The CEO expressed optimism that the trend may continue, providing further relief to both households and businesses dependent on fuel.

"Once all these happen, it will have a positive impact on inflation, and it will help us as a country.” 

The pricing update for the March 16th – 31st window highlights the impact of declining crude oil prices, global market adjustments

“The sudden downward review of prices has resulted in massive losses, with those affected counting their losses in billions of naira."