The average retail price for a litre of Premium Motor Spirit (PMS) also known as petrol, more than tripled in one year, according to the National Bureau of Statistics.
The latest PMS price watch report showed that the price of petrol rose by 226.2 percent to N626.2 in September 2023 from N191.6 i
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Eniola Olatunji
Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022.
She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis.
Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos.
Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..