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Other depots followed suit, with Nipco Depot increasing its price by ₦38, from ₦912 to ₦950, and Matrix Warri Depot adjusting its rate to ₦945 per litre, up from ₦925.
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1650 and sell at N1660 on Tuesday 14th January 2025, according to sources atBureau De Change (BDC).
According to The PUNCH, oil marketers increased depot prices for petrol and diesel by ₦43 or 4.74 per cent, citing rising crude oil prices as the primary driver..
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