Tag: premium motor spirit

Nigeria removes fuel price cap

Nigeria’s Petroleum Products Pricing Regulatory Agency has removed the cap on the price of Premium Motor Spirit, also known as petrol, giving marketers the freedom to fix the price of the commodity and sell above the price stipulated by the body.

Emmanuel Odiaka on what will shape Nigeria’s money markets in 2020

Emmanuel Odiaka, Managing Director and CEO of ECOB Capital says the first quarter bond calendar by the Debt Management Office, implementation of Nigeria's new minimum wage and a possible reversal of subsidy on Premium Motor Spirit are some factors that could shape trading at Nigeria's fixed Income and Forex Market this year. He joins CNBC Africa's Esther Awoniyi for more.