Global technology markets are entering a new phase of strain as surging memory chip prices intensify the ongoing semiconductor shortage. In Nigeria, the ripple effects could translate into a 15 – 20 per cent increase in phone price levels if supply pressures persist into the next quarter, reports Daily Trust. While attention has largely focuse...
Some businesses and traders may be taking advantage of the newly introduced tax laws to arbitrarily increase the prices of goods and services in different parts of the country, findings have shown. Since the commencement of the new tax laws in January, the federal government has maintained that the laws would reduce certain taxes and […...
•Queue at Cooking Gas Depot Nigerians have expressed concern over another hike in the price of cooking gas, with a kilogram now selling for as high as ₦2,000 in some parts of the country. According to gas marketers, the increase has little to do with any official price adjustment. The Nigerian Association of Liquefied Petroleum […]
Block manufacturers under the auspices of the National Association of Blockmoulders of Nigeria ( NABMON) have called on the federal government to roll out practical steps to address the rising prices of cement. The association’s president, Adesegun Banjoko, in an Easter Message on Sunday, said that the group is still waiting for that pragmatic...
Multichoice is set to increase the prices of its DStv and GOtv packages effective from March 1, 2025. This was disclosed in a statement to its customers today. The statement titled, “Price adjustments for DStv and GOtv packages,” read, “Dear Customer, please note that effective 1 March 2025, there will be a price adjustment on […]
•Foodstuff open market The Centre for the Promotion of Private Enterprise (CPPE) yesterday cautioned that a drastic reduction in inflation figures does not equate to a decrease in the overall price level of goods and commodities. In a statement signed by Dr. Muda Yusuf, the CPPE warned that while the sharp deceleration in inflation should [&he...
•Netflix office building in Hollywood, California Netflix said yesterday that it added nearly 19 million subscribers during the holiday season and finished out last year with more than 300 million subscribers. Company executives credited steady investments in shows and films with helping power growth at the streaming behemoth while announcing ...
Ahead of the Christmas and New Year festivities, costs of basic food items have skyrocketed, raising apprehension among Nigerians. This is as many civil servants, who spoke to our correspondents in different states of the country, said celebrations would be low-key, reports Daily Trust. Many of them also that said they were awaiting their Dece...
•Fuel queue Nigerians have expressed anger and frustration over the prolonged scarcity of Premium Motor Spirit, popularly called petrol, across various states nationwide. It was observed yesterday that the scarcity of petrol led to widespread queues by motorists at filling stations in Abuja, Kaduna, Niger, Adamawa, Kano, Bauchi, and Delta, amo...
•Food items Prices of foodstuff have again gone up in major markets across the country as Nigerians engaged in panic buying in a bid to stock their homes before the planned nationwide #EndBadGovernance protest begin today. This comes as last-ditch moves by the federal government to stop the protest failed to arrest the momentum generated [&hel...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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