•Rising oil prices Oil prices surged more than three percent in early Asian trade today following unconfirmed reports of explosions in Iran, Syria and Iraq, sparking fears of an escalation of the Middle East crisis. West Texas Intermediate jumped 3.66 percent to $85.76 and Brent rose 3.44 percent to $90.11. The reports come after a […]...
•Lagos lagoon A tragic incident occurred in Lagos State, as a woman identified as Nimotalahi Ishola Folashade, an outpatient of Alimosho General Hospital, committed suicide by drowning. The incident took place when she was one of the twelve passengers on a boat, and she reportedly removed her life jacket before jumping into the river, reports ...
•Bags of rice The average price of 1kg of local rice sold loose jumped by a whopping 98 per cent in one year, according to data obtained from the Nigerian Bureau of Statistics (NBS). The report ‘Selected Food Prices Watch (January 2024)’, said the rise indicated a rise of 98 per cents in price on […]
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N202.48 in November 2022 to N648.93 in November 2023. NBS said this in its Petrol Price Watch for November 2023 released in Abuja yesterday. It stated that the November 2023 price of N648.93 represented a 220.49 per […]
The total domestic debt stock may have risen by 133.95 per cent to N51.96tn as of the end of 2023. This is based on new revelations by the Director-General of the Debt Management Office, Patience Oniha. While speaking to CNBC Africa on the sidelines of the discussions for the establishment of the African Debt Managers […]