Business

Business

Inflation slows to 32.15% in August

Nigeria’s inflation slowed for the second month to 32.15 percent  a sign that the surging inflation that has gripped the Nigerians economy is finally subsiding.   According to the National Bureau of Statistics (NBS), Consumer’s Price Index declined  to 32.15 percent in August 2024,  from 33.40  percent in July 2024. […]

Business

We Never Boycotted Dangote’s Petrol, But… — Marketers

Petroleum products marketers have declared that there was never a boycott of Dangote Refinery’s Premium Motor Spirit, PMS, (petrol). However, Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, told Vanguard, there was a need to get the modalities right. Adewole said: “The sector needs to operate transparently […]