•Petrol Global crude oil prices have declined to the $70 per barrel mark, raising fresh expectations among Nigerians that domestic petrol prices could soon be reviewed downward. The downward slide in crude prices continued today morning as the benchmark Brent crude slipped to $70 from $71 per barrel it closed yesterday, reports Daily Trust. Ho...
•Fuel queues Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit, popularly called petrol, at between N900 and N1,000/litre. Owners of these stations seem not to care about the cost of the product at retail outlets operated by the Nigerian National Petroleum Company, reports The PU...
The foreign exchange crisis worsened yesterday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market, findings have shown. This was coming a few days after the local currency hit an all-time low at the official market, crossing N1,500 to one dollar, reports Daily Trust. The naira has come […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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