Petrol Price Hike Strains Marketers As Capital, Demand Shrinks

Oil marketers across Nigeria say the recent increase in the pump price of petrol is taking a toll on their businesses, with many struggling to raise sufficient capital to replenish stocks amid declining consumer demand. Marketers say the higher cost of sourcing petrol has significantly eroded their working capital, forcing some operators to pool resources … Continue reading Petrol Price Hike Strains Marketers As Capital, Demand Shrinks