•Bags of rice This is not the best of times for Nigerian families, who have had to adopt bizarre cost-cutting measures to cope with the recent hardship occasioned by the dramatic hike in the prices of goods and services. Several of them lamented that their income could no longer take care of their daily needs, […]
Most tertiary institutions in the country have hiked their fees by over 150 %, putting serious strains on the finances of parents and guardians who also have to contend with the poor state of the economy which has reduced purchasing power and savings. Checks by our correspondents in public universities across the country show that […]
It is two days to Christmas. For Christians and some non-Christians in most parts of the world, every December 25 is a day of celebration. It is a season that has always been characterised by joy across the globe. It is a period when Christians celebrate the birth of Jesus Christ. The season comes with […]
Many households are not finding it easy as the ability to purchase daily and basic needs is becoming a tall order for many amid rising inflation and falling incomes. The households, mostly those in the low-income level, have lamented that nearly 100 per cent of their earnings are now spent on food, whose prices continue […]
Despite raking about N15.8 trillion from the Federation Account Allocation Committee (FAAC) in less than four years, the majority of sub-national governments are reeling in huge debts just as some are showing signs of distress. But the huge indebtedness, poor infrastructure funding and financial stress have not stopped mind-boggling profligacy...
The petrol prices in Imo state today, Wednesday November 8, increased from N650 to N700 per litre. The sudden rise has left commuters groaning as they struggle to cope with the effects of the hike which the commercial drivers have increased by over 100 per cent, making it difficult for commuters to afford transportation, reports […]
Manufacturers have expressed concerns as the price of diesel has risen to N1,275 per litre in Lagos and above N1,300 outside the state. The product is selling for N1, 270 per litre in Kano State and above that outside the metropolis, reports Daily Trust. This implies a 26 percent increase in the price of the […]