Business
Petrol Retail Price Stood At N189.46 In August 2022 – NBS

The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46.
This is according to the NBS Premium Motor Spirit (Petrol) Price Watch for August 2022 released in Abuja on Friday.
The report said the increase indicates a 14.89 per cent increase when compared to the value recorded in August 2021 at N164.91
“Likewise, comparing the average price value with the previous month of July 2022, the average retail price decreased by 0.29 per cent from N190.01.”
The report said on a state profile analysis, Kaduna State had the highest average retail price for Petrol with N210.94, followed by Jigawa with N210.50 and Ebonyi with N205.50.
On the other hand, Ogun had the lowest average retail price for Petrol with N177.88, followed by Delta with N178.00 and Bauchi with N178.50.
Analysis by zone showed that the North-West recorded the highest average retail price in August 2022 with N199.73, while the North-East had the lowest with N178.93.
The NBS also revealed in its Automotive Gas Oil (Diesel) Price Watch Report for August 2022 that the average retail price paid for Diesel by consumers was N786.88 per litre.
It said this amounted to an increase of 209.54 per cent from N254.21 per litre recorded in the corresponding month of the previous year.
“On a month-on-month basis, this increased by 1.61 per cent from N774.38 per litre reported in July 2022.”
The report said on state profile analysis, that the highest average price of the product in August 2022 was recorded in Ebonyi with N861.67, followed by Ondo with N850.00, and Abuja with N845.00.
On the other hand, the lowest price was recorded in Katsina with N702.22, followed by Yobe with N705.00 and Akwa Ibom with N731.82.
In addition, the zone analysis shows that the North-Central had the highest price with N813.24, while the South-South recorded the lowest price with N762.41.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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