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NNPC Limited has cut petrol pump prices at its retail stations, joining a downstream price war that is easing costs for motorists but squeezing marketers.

Independent marketers are pressing for an extension of the 30-day petrol discount, warning of fresh price increases when the window lapses.

The Nigeria Labour Congress has given the federal government two weeks to address petrol prices and the minimum wage, warning of industrial action.

The state oil company's retail arm is giving up its margin for 30 days, offering temporary relief without imposing a nationwide pump price.

The slowdown gives policymakers room to hold, but the service sector is still running hot.

Falling input costs are easing pressure on factory gate prices, but demand remains uneven.

Softer crude prices and maintenance downtime are expected to weigh on results.

The discount applies to outstanding statutory fees owed to aviation agencies and is intended to steady carriers facing a sharp rise in Jet A1 prices.