- WORLD BANK KICK-OFF INSPECTION OF USMID PROGRAM IN UGANDA
- ALGERIA MINISTER RECIEVED HARBOR ENERGY CEO OVER ENERGY PARTNERSHIP
- CAN INNOVATION OUTRUN DROUGTH IN MOROCCO ONGOING WATER MANAGEMENT CRISIS
- SCZONE SIGNED DEAL WITH CHINESE INVESTORS FOR IRON PRODUCTS PROJECTS IN EGYPT
- WESTPROP HOLDING LIMITED SET TO EMBARKED ON PIPELINE PROJECT IN ZIMBABWE
COMMODITY PRICES ARE RISING IN NIGERIA
The price of commodities are rising across Nigeria. In less than 24 hours of Nigeria’s government announcing the increase in ex-depot price of Premium Motor Spirit (petrol), some filling stations are selling the product at between N150 and N162 per litre (from N 138.62 per litre to N 147.67).
Also the Nigerian Electricity Regulatory Commission (NERC) is hiking the price of electricity for customers starting this September 1, 2020.
SOURCE: PUNCH