‘Petrol Price Will Rise To ₦1,200/Litre, Naira To Hit ₦1,550/$’ …C0NTINUE READING HERE >>>
An economist and the Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has projected that petrol prices in Nigeria could reach N1,200 per litre in the near future.
In his November 2024 economic outlook, Rewane also predicted that Brent crude could trade at $70 per barrel by December and that inflation might rise to 34%. He forecasted a potential appreciation of the Naira to N1,550/$ by January 2025.
According to ThisDay, Rewane shared these insights…
>