This is contained in the Pricing Template data for petrol released in Abuja, on Wednesday, NAN reports.
Adding the total distribution margins of N19.37 per litre to the landing cost of N95.16 per litre, the agency put the Expected Open Market Price of the commodity at N114.53 per litre. PPPRA said cost plus freight of PMS to Nigeria stood at 379.37 dollars per metric tonne, an equivalent of N86.84 per litre.
Wow great news
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fuel price drops to N114.53 per litre at Open Market – PPPRA – Daily TrustThe Petroleum Products Pricing Regulatory Agency (PPPRA) has said the Open Market price of Premium Motor Spirit (PMS), also known as petrol, in the Nigerian market has dropped to N114.53 per litre. Mad ohhh Which market, open or closed will make me buy at that price mbok🙆🤣 Seriously? At where
Source: Daily Trust - 🏆 13. / 51 Read more »
Fuel price drops to N114.53 per litre at Open Market – PPPRA – Daily TrustThe Petroleum Products Pricing Regulatory Agency (PPPRA) has said the Open Market price of Premium Motor Spirit (PMS), also known as petrol, in the Nigerian market has dropped to N114.53 per litre. Mad ohhh Which market, open or closed will make me buy at that price mbok🙆🤣 Seriously? At where
Source: Daily Trust - 🏆 13. / 51 Read more »
NSE market capitalisation drops further by N656 billionThe market capitalisation which opened at N13.365 trillion lost N656 billion or 4.91 per cent to close at N12.709 trillion, the highest daily loss in four years.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Declining oil price, COVID-19 outbreak to affect Nigeria’s capital market – SECThe Acting Director-General of the Securities and Exchange Commission (SEC), Mary Uduk, says the global decline in oil prices and outbreak of coronavirus.
Source: PremiumTimesng - 🏆 3. / 78 Read more »