The week ahead - Flowing forward

There’s a fuel price battle happening in Nigeria. Dangote Refinery cut its petrol price to ₦820 per litre, pushing other marketers like MRS Oil and NNPC to drop their prices too. This means petrol prices now vary in different places. Is the current fuel price competition good news for Nigerians, or just a temporary fix in a broken system?Nigeria's Naira is no longer moving up and down with oil prices like it used to. Now, the Naira depends more on investor confidence than oil prices. Experts think the Naira will stay around ₦1,556 per dollar by the end of the year.  Is Nigeria finally reducing its dependence on oil for real?Nigerian banks are now allowing people to use their Naira debit cards for international spending again. The move shows that access to foreign exchange is improving and helps people trust the system more. Is this a sign that Nigeria’s forex situation is finally getting better?Support the show