Dangote Refinery Raises Petrol Price to ₦799 per Litre

Dangote Petroleum Refinery has increased the ex-depot price of Premium Motor Spirit to ₦799 per litre, reflecting ongoing adjustments in Nigeria’s downstream oil market. Industry sources say the price review is linked to crude oil input costs, exchange rate pressures and logistics, raising fresh concerns over pump prices, transport costs and broader inflationary effects across the economy.
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Rewane Projects Inflation Averaging 16% in 2026

Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has projected that inflation averaging 16% will define Nigeria’s economic outlook in 2026. He attributes the forecast to base-year effects from the new CPI methodology, exchange rate pressures and debt servicing costs, urging businesses to prioritise strategic liquidity and risk management amid lingering macroeconomic uncertainty.
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Oyedele Says PAYE Cuts Are Raising Workers’ Take-Home Pay Under New Tax Laws

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says PAYE cuts are already increasing workers’ take-home pay under Nigeria’s new tax laws. While acknowledging mixed feedback from employees, he insists early salary data confirms reduced deductions and higher net income for most workers, adding that further engagement with employers is underway to address implementation gaps
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