•Nigerian Breweries products Nigerian Breweries Plc has announced another increment in the price of its products after the previous increase in February. It was earlier reported that the company issued a new price review notification to all its customers in the West Zone. According to a letter dated Monday, February 12, 2024, the price review,...
•Market women As the Muslim holy month of Ramadan starts, traders in Kano have continued to lament poor patronage by customers. Some of the traders who spoke to our correspondent yesterday in Kano attributed the situation to the low purchasing power of customers, reports NAN. A food stuff dealer, Malam Tanko Idris, said that, compared [&hellip...
Bitcoin today hit a new record high above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Checks show that the cryptocurrency coin is now at $71,196.85. It hit a peak of $71,432.
Some gas dealers and FCT residents have decried the surge in the price of Liquefied Petroleum Gas (LPG), known as cooking gas, calling on the federal government to wade into the issue. The dealers and residents yesterday in Abuja expressed dissatisfaction over the constant rise in the price of the product and its attendant effects, […]
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has strengthened its pre-emptive surveillance of banks to unearth infractions and ensure compliance with extant rules and guidelines. The banks have been under intense criticism in recent periods for alleged complicity in economic crimes, reports The Nation. The Economic and Financial Cri...
Uncertainty about the rate of commodities continues to beat the imagination of market forces and consumers with the month of Ramadan few days away. The situation is likely to worsen, going by the current economic situation in the country, reports Daily Trust. Both traders and consumers interviewed by our correspondents described the present da...
Like all food items, the price of garri has jumped up by over 100 percent in the last few weeks adding to the burden of average Nigerians. YEJIDE GBENGA-OGUNDARE speaks with stakeholders in the food chain on why garri is no longer a staple for low-income earners. Demand for garri is not only local; there […]
Road contractors are in for a tough time as the price of bitumen, a major component used in the production of asphalt, soared by 150 percent within a period of seven months, between August 2023 and March 2024. Investigation by this paper showed that 20 tons of bitumen, which was sold at N854,375 in August […]
•Bags of cement Nigerians, especially the low and middle-income earners, have cried out over the present high cost of cement saying they will no longer be able to own their houses in the country. This is just as the Real Estate Developers Association of Nigeria, REDAN, declared that unless a sustainable solution was found to […]
•Governor Sanwo-Olu The Lagos State Government has warned the popular e-hailing company, Uber Technologies System Nigeria Limited to comply with essential data sharing agreements or face sanctions that might affect its operations, including its users. In a statement signed today by the Lagos State Commissioner for Transportation, Mr Oluwaseun ...

