NNPCL has increased petrol prices to N1,345 per litre in Abuja, marking a N75 hike. This petrol price hike impacts transport costs and household budgets.

Despite a five per cent drop in crude oil prices to $87.31 per barrel from $92, the domestic price of Premium Motor Spirit, PMS, also known as petrol, rose by nine per cent to…

Brent crude stood at 88.10 dollars per barrel, down 0.47 per cent, while West Texas Intermediate (WTI) fell 0.16 per cent to 83.40 dollars per barrel.