By Udeme Akpan, Energy Editor Nigerians may soon pay more for Premium Motor Spirit (PMS), also known as petrol, as depot prices across major petroleum hubs have climbed sharply to as high as N1,290 per litre, amid a renewed surge in international crude oil prices. The development threatens to worsen the financial burden on households and […]

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.

Abuja petrol price soars to N1,300/litre as Dangote Refinery increases ex-depot price, causing concern among residents and economists.