According to the latest data from the National Bureau of Statistics (NBS), the price of local rice and beans has risen sharply over the past year. The ‘Selected Food Price Watch’ for September 2024 shows that the cost of a 50 kg bag of local rice surged by 152.9% year-on-year, climbing to ₦95,738 in…
Mistakes happen-especially in banking. Sending money to the wrong account can be frustrating, but it’s important to know that it’s possible to recover your funds if you act quickly. Here’s a step-by-step guide to help you through the process. 1. Contact Your Bank Immediately The first thing you should do is reach…
The Nigerian government has disclosed that it will not approve the sale of Shell’s assets to the Renaissance Group The $1.3 billion asset sale deal hit the wall when the Nigerian Upstream Petroleum Regulatory Authority said Renaissance lacks capacity She disclosed that talks are still ongoing with NUPRC to agree on the final…
Nigerian currency has depreciated again against the United States dollar in the foreign exchange markets Latest data shows that the naira fell against the dollar in both the official and unofficial foreign exchange markets Naira performance is coming on the back of massive improvement following the CBN’s recent intervention Legit.ng journalist Dave Ibemere…
President Bola Tinubu has told Nigerians to remain calm and that petrol will be available at the market by the weekend Tinubu spoke through the minister of state for petroleum resources, Heineken Lokpobiri, adding that the government would not regulate the price Lokpobiri maintained that the price of the commodity will be determined…
The prices of food items have skyrocketed in the last 30 days, with analysts forecasting even higher prices in the months ahead Data from the National Bureau of Statistics (NBS) disclose that food inflation rose by 40.87% in May 2024 compared to the same period in 2023 The NBS data also showed the top…