Nigeria's leading finance and market intelligence news report.

Fuel queues loom as government’s swap deals come under pressure

… Petrol pump price could top N150/per litre for August

Long queues could soon return to petrol stations across Nigeria as the Pipelines and Product Marketing Company (PPMC), the downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), is finding it increasingly difficult to sustain the country’s unique arrangement where it is the sole importer of petrol and other refined products. BusinessDay gathers from sources…

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