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Higher fuel costs force firms in Nigeria to raise prices to 16-month high – Report

Higher fuel costs force firms in Nigeria to raise prices to 16-month high – Report

News

Nigeria’s private sector has maintained expansion in April 2026, but rising fuel costs driven by global tensions pushed firms to increase selling prices to the highest level in 16 months, according to the latest Stanbic IBTC Bank Purchasing Managers’ Index (PMI) report.  

The post Higher fuel costs force firms in Nigeria to raise prices to 16-month high – Report appeared first on Nairametrics.

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