In June, prices for beans, tomatoes, and Irish potatoes surged, with beans up 252%, tomatoes 320%, and Irish potatoes 288% compared to last year. Factors include transportation costs, climate change, and middlemen fees. This price hike has led Nigerians to seek alternative foods like cucumbers...
Nigerians are rushing to telecom stores as the July 31 SIM-NIN linkage deadline nears, causing widespread line barring. Major network operators have provided steps to unblock lines, with an emphasis on resolving issues both online and in-store.
In response to the Nigerian Communications...
Nigerians are protesting outside MTN offices due to widespread disconnections of phone lines over NIN linkage issues. A nationwide outage has been reported following the Nigerian Communications Commission's deadline extension. Many subscribers, including those with valid NIN links, face...
Fuel scarcity intensifies across Nigeria, with depots running dry and black marketers exploiting the situation. Motorists face long queues, with petrol prices skyrocketing to N1,300 per litre. The NNPC attributes the crisis to vessel discharge hitches and promises resolution, yet nationwide...
The Nigerian National Petroleum Company (NNPC) attributes recent petrol scarcity in Lagos and Abuja to discharge issues with several vessels. Efforts are underway to resolve the disruption and restore normal fuel supply. The scarcity follows a dispute between Dangote Refinery and NMDPRA over...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a recruitment drive for various positions. Despite a surge in applications causing portal slowdowns, the deadline remains August 20, 2024. This is NNPC's first recruitment since its transition to a limited company in 2022...
Guinness Nigeria Plc reported a pre-tax loss of N73.6 billion for the financial year ending June 30, 2024, primarily due to forex devaluation affecting its foreign currency loans. The brewery giant, recently acquired by Tolaram Plc from Diageo Plc, continues to face financial challenges amidst...
NAMA announces an 800% increase in air navigation charges, raising fees from N2,000 to N18,000 per flight and extension costs from N50,000 to N450,000. This move, driven by rising operational costs, is expected to lead to higher airfares for both domestic and international flights in Nigeria...
In his first year, President Tinubu's efforts to combat food inflation have faltered, with prices soaring dramatically. The cost of tomatoes surged by 320% from ₦547 to ₦2,302 per kilogram, and overall food inflation reached 40.66%, highlighting ongoing challenges in Nigeria’s economic...
The Federal Government's cash transfer scheme has resumed, benefiting over 600,000 households. Finance Minister Wale Edun announced this during a review briefing, highlighting ongoing economic reforms and efforts to address food prices and inflation. The government aims to enhance transparency...
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