Another petrol price hike is imminent in Nigeria as international crude oil prices surge to $107 per barrel due to the ongoing US-Iran conflict.

Crude oil surged toward the important $100-a-barrel mark on Tuesday, reviving fears of another round of pump-price increases in Nigeria and...

By Udeme Akpan, Energy Editor Nigeria is poised for a major oil revenue boost but faces renewed pressure on fuel prices, inflation and operating costs as escalating hostilities…