Nigeria: Petrol Price Drops to ₦1,034.76 in January Amid Sustained Decline

[Vanguard] Nigeria's average retail price for Premium Motor Spirit (PMS) fell to ₦1,034.76 in January 2026, continuing a downward trend that has seen consumers pay less for petrol both year-on-year (YoY) and month-on-month (MoM).

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