Naira Appreciation: Oil Marketers Debunk Rumour Of  Downward Adjustment In Petrol Pump Price

LAGOS MARCH 28TH (NEWSRANGERS)-Petroleum product marketers and other operators in the downstream sector, have denied speculations that pump price of petrol at depot facilities have been adjusted downwards. Also, LEADERSHIP reports that petroleum outlets are still selling at prevailing market prices. Our Correspondent’s check at major depot’s in Lagos indicate that prices have not changed…

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Nigerians Lament High Inflation Rate Despite Naira Gains Over Dollar

  LAGOS NOVEMBER 15TH (NEWSRANGERS)-Nigerians have complained that despite the naira’s gains in the past week, the costs of goods and services remain high.   Recall that the naira miraculously recovered to N680/$ after reaching an all-time low of N900/$. Black market traders attributed the sudden improvement to eased demand and increased inflows of FX in…

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