There are indications that prices of bread and other flour based food items would continue to rise as bakers and flour millers said there is no end in sight for solutions to the key drivers of the cost in the sector. Meanwhile the operators told our correspondent that they would continue to pass the costs […]
Construction activities at various sites across Nigeria have significantly slowed as inflation continues to escalate, a real estate consultant, Mr. Debo Adejana, has said. Speaking at a media briefing in Lagos, Adesina disclosed that developers and property managers had expressed growing concerns over the sluggish pace of construction, which i...
•Tinubu A chieftain of the ruling All Progressives Congress (APC), Ambassador Abayomi Nurain Mumuni, has advised the federal government under the leadership of President Bola Tinubu to make policies to ensure price control on essential goods and services across the country. Mumuni noted that this is necessary to curb incessant increment of pri...
Following the increase in price of Premium Motor Spirit (PMS), the Manufacturers AsÂsociation of Nigeria (MAN), said there is a high possibility of a rise in inflation figures, impacting household budgets. Reacting on the increase in the price of petrol from about N568 per litre to N855 per litre, which has been implemented across NNPC [&helli...
•Some Nigeria’s past leaders All living former presidents and heads of state are expected to converge on the Aso Rock Villa, Abuja, at noon today (Tuesday) as President Bola Tinubu convenes the Council of State meeting. At today’s meeting, his first since assuming office 14 months ago, members will discuss recent events nationwide, parti...
The national average cost of a healthy diet increased to ₦1,241 in June 2024. This was revealed by the Nigerian Bureau of Statistics (NBS) in its latest edition of the ‘Cost Of Healthy Diet’ report for June. According to the report, the increase is 19.2 per cent higher than the amount recorded in the previous […]
•Students on campus When Elisha (other names withheld), a student in one of the public universities in Lagos State came home during a break, his father could barely recognise him, as though not sick, he was visibly emaciated, no thanks to malnutrition. On campus, the accounting education student told his inquisitive father that he was [&hellip...
MTN Nigeria Communications Plc reported a loss after tax of N519.1 billion for the first half of 2024, due to record-high inflation and a weaker naira. This disclosure was made in its financial results for the period ending June 2024, according to an e-copy of the report obtained by our correspondent today, reports The PUNCH. […]
•Foodstuff A newly released by the National Bureau of Statistics has indicated a rise in prices of Beans, Tomatoes, Irish potatoes, Garri, Yam and other food items in June 2024. This is as the Bureau few days ago, said headline inflation for June increased to 34.19 per cent relative to the May 2024 headline inflation […]
•A market place Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS). This is an increase of 0.24% points when compared to the inflation figure for May 2024 released by the NBS. “In June 2024, the headline […]

