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April 29
Nigeria: Food Inflation Still Unbearable
The National Bureau of Statistics' (NBS) data on inflation in March 2024, showed that food inflation climbed to 40 per cent, in spite of the marginal increase in general inflation… Read more »
West Africa: The Spectre of Racism in Nigeria
It was only when the Federal Competition and Consumer Protection Commission (FCCPC) clamped on the Chinese supermarket in Abuja alleged to be barring Nigerians from patronising it… Read more »
April 27
West Africa: Niger Opens Discussions With Chinese Coy On Mechanised Farming
The Niger State government has opened discussion with a Chinese Company--YTO Group Corporation, and Tee-Pama Nigeria Limited for the procurement of durable tractors and other… Read more »
April 28
Nigeria: How Low Income Earners Battle for Survival Amidst Rising Inflation
Low income earners are struggling to meet their basic needs amidst the high cost of commodities occasioned by rising inflation, Daily Trust Saturday reports. Read more »
West Africa: Traders Worry Over Rising Extortion On Nigeria-Benin Border
Traders, clearing agents and drivers have expressed concerns over the proliferation of checkpoints mounted by security operatives on the Seme Border-Mile 2 corridor. Read more »
April 25
Nigeria: Concerns As Fuel Queues Worsen in Abuja, Lagos, Others
From Abdullateef Aliyu and Dotun Omisakin (Lagos), Seun Adeuyi (Abuja), Ahmad Datti (Kano), Maryam Ahmadu-Suka (Kaduna) & Mumini Abdulkareem (Ilorin) Read more »
April 22
Nigeria: Kwara Residents Rejoice As Rice Price Crashes to N52,000
Many residents of Kwara state are expressing joy as a 50kg bag of rice now goes for between N52,000 and N54,000 from the N80,000 during the last Ramadan and N65,000 about a week… Read more »
April 21
Nigeria: A Call On Wholesalers to Reduce Prices of Commodities
Prices of commodities are supposed to be witnessing a slight if not significant change in prices owing to the fact that there is reduction in the price of diesel. We the general… Read more »
April 19
Nigeria: Dangote Refinery Explores U.S. for Crude Shipment, Expecting Third Stock
The 650,000 barrels per day Dangote Petroleum Refinery has been able to ramp up production leveraging on cheaper crude imports from the United States, a report has said. Read more »
April 17
Nigeria: NAFDAC Bans Selling, Use of Dex Luxury Soap in Yobe
The National Agency for Food and Drug Administration Control (NAFDAC) has banned the selling and use of Dex Luxury Bar Soap due to the presence of the chemical, butylphenyl… Read more »
Nigeria: Dangote Crashes Diesel Price to N1,000/Litre
Dangote Refinery has crashed diesel price to N1,000 per litre, the Dangote Group disclosed this in a statement on Tuesday. Read more »
April 01
Nigeria: Import Food, Give Funds Directly to Lgas to Revive Economy - Prof. Uwaleke
Uche Uwaleke is a Professor of Finance and Capital Market at the Nasarawa State University, Keffi and former Commissioner for Finance in Imo State. In this interview on Trust TV's… Read more »
West Africa: Nigeria Records N55.2bn Trade Imbalance With UK
Backs Air Peace flight to London Read more »
March 21
Nigeria: Kwara - Igbo Traders Lock Shops As Truce With Revenue Agency Collapses
The agreement reached between Igbo traders and the Kwara Internal Revenue Service (KWIRS) over tax remittances appears to have suffered a setback. Read more »
Nigeria: Harmonise Efforts At Tackling Inflation - Lcci
The Lagos Chamber of Commerce and Industry (LCCI) yesterday expressed grave concerns over the persistent rise in inflation, saying the inflationary surge poses a "Significant… Read more »
March 05
Nigeria: Abuja Trader - I Lost Trailer Load of Food Items to Hoodlums
Looting beyond hunger but criminal - FCT minister Traders seek protection Read more »
March 04
Nigeria: Customs Opens 90-Day Window for Vehicle Import Duty Regularisation
The Nigeria Customs Service (NCS) has announced the introduction of a 90-day window to facilitate the regularisation of import duties on specific vehicle categories. Read more »
Nigeria: Ethiopian Airlines Rues Naira Devaluation, Inaugurates $55m E-Commerce Facility
The Group Chief Executive Officer of Ethiopian Airlines, Mesfin Tasew, has said the devaluation of naira has affected the airline's cash flow management but stated that it has not… Read more »
March 03
Nigeria: Why Grain Prices Rose Again, Days After Falling in Saminaka Market
Early last week, there were reports of a crash in grain prices in some of the grain markets, especially in the northern part of the country. Many attributed this development to the… Read more »
Nigeria: Mutilated Banknotes Hindering Our Businesses - N/East Traders
Traders in the North East geopolitical zone of the country have said that the increasing amount of mutilated banknotes in circulation is hindering small business transactions in… Read more »
March 04
Africa: Africa's Share of Global Trade Remains Under 3 Percent Despite AfCFTA - Report
A report by the Economic Commission for Africa (ECA) Africa's has stated that contribution to global trade remains at less than 3%. Read more »
February 28
Nigeria: Why Sugar-Sweetened Beverages Tax Should Be N130 Per Litre
The Corporate Accountability and Public Participation Africa (CAPPA) has called for an immediate upward review of the Sugar-Sweetened Beverages (SSBs) tax from the current N10 to… Read more »
February 22
Nigeria: Implement Executive Order 5 to Save Construction Sector, Architects Tell Tinubu
The Nigerian Institute of Architects has called on President Tinubu to implement Executive Order 5 to arrest the rising cost of building materials, which is affecting the growth of… Read more »
Nigeria: Government, Do Something About Customs Duty Rates
The Nigerian Customs Service, based on a directive by the Central Bank of Nigeria, has on several occasions announced import duty rates, with each time, a hike in the amount to be… Read more »
February 21
Nigeria: FG Uncovers 32 Routes of Smuggling Food Out of Nigeria
Elumelu proposes private sector partnerships Read more »
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