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Depot petrol and diesel prices rose across Nigeria after Dangote Refinery increased ex-depot rates, pushing PMS above N1,300 per litre in several depots. This price adjustment reflects changes in domestic refinery production costs and may impact fuel availability and pricing at retail pumps nationwide.
The Nigerian currency, the naira, slumped marginally against the U.S. dollar at the official window on Monday. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,373.70/$1, compared to N1,371.03/$1 on Friday.
Naira gains N9.22 against dollar at official window The Nigerian currency, the naira, recovered against the United States dollar at the official window on Wednesday. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,357.33/$1, compared to N1,366.55/$1 on Tuesday. This represents a gain of N9.22 for the local currency against the dollar.