May 25, (THEWILL) — As Nigeria’s monetary authorities maintain a tight monetary policy stance following the latest Monetary Policy Committee (MPC) decision, the audited FY2025 financial statements of leading manufacturers reveal a decisive shift in what defines corporate strength....
According to market data available to the refinery, imported PMS accounted for approximately 43 per cent of fuel supplied into the Nigerian market in July.
The development, it said, raises questions about the necessity of continued large-scale imports at a time when Nigeria has significantly expanded its domestic refining capacity.