News
Nigeria’s Headline Inflation Drops To 15.91 Per Cent
2+ hour, 58+ min ago (696+ words) Nigeria’s headline inflation rate declined marginally to 15.91 per cent in June 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS) The figure represented a slight decrease of 0.02 percentage points from the 15.93 per cent…...
Cooking Gas Prices Remain High Despite FG Intervention
5+ day, 14+ hour ago (798+ words) Two weeks after the Federal Government intervened in the liquefied petroleum gas market, marketers have said cooking gas prices remain above normal levels despite improved supply and reduced tension across the market. Consumers in different parts of the country are…...
Depot Owners, Marketers Increase Price Of Diesel In Nigeria Again
1+ week, 1+ hour ago (313+ words) Depot owners and fuel marketers in Nigeria have increased the price of diesel per litre to ₦1,450, ending a brief respite in the rising cost of the product. Naija News reports that the increase from ₦1,410 per litre on Tuesday to ₦1,450 per…...
Basic Feeding Has Become Luxury - Ruth Kadiri Laments Rising Cost Of Living
1+ mon, 4+ day ago (239+ words) Popular Nollywood actress Ruth Kadiri, has voiced concern over the growing cost of living in Nigeria, saying many families are struggling to meet basic feeding needs as food prices continue to rise. According to her, the rising cost of food…...
Cooking Gas Price Will Fall Naturally - Marketers Declare, Give Reasons For Sudden Surge
1+ mon, 6+ day ago (612+ words) Marketers of Liquefied Petroleum Gas, popularly known as cooking gas, have attributed the recent surge in the price of the product across the country to rising demand, supply shortage and seasonal pressure. The spokespersons for the Oil and Gas Suppliers…...
Cooking Gas Price Hits ₦2,000/Kg
1+ mon, 2+ week ago (662+ words) The price of Liquefied Petroleum Gas, popularly known as cooking gas, has continued to rise across Nigeria despite increased domestic production and a decline in imports. According to Punch, data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority…...
'Rice, Garri, Yam, Other Food Prices May Drop"
2+ mon, 3+ day ago (303+ words) The All Farmers Association of Nigeria (AFAN) has said food prices may decline by the next harvest season if governments at all levels improve security and reduce production costs for farmers. Naija News reports that the Deputy Chairman of AFAN,…...
World Bank Releases Fresh Update On Nigeria's Reforms, Inflation
3+ mon, 1+ week ago (948+ words) The World Bank has said Nigeria’s ongoing economic reforms are beginning to yield measurable results, with improved macroeconomic stability, steady growth, and easing inflation recorded over the past year. However, the institution warned that the gains remain fragile and could…...
Nigeria’s Economy Stronger Now, Can Withstand Global Shocks - Cardoso
4+ mon, 2+ day ago (421+ words) The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday, said Nigeria’s ongoing macroeconomic reforms have positioned the country’s economy to withstand potential shocks arising from escalating tensions in the Middle East. Cardoso stated this while delivering…...
Fresh Petrol Price Hike Looms Amid Middle East Crisis
4+ mon, 1+ week ago (98+ words) On his part, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry, attributed the impending hike to rising global crude prices caused by the hostilities. Nigerian Footballers Caught Up In Middle East Tensions As…...