With the fast-approaching Christmas, Nigerians are gearing up for a likely surge in the prices of essential food items such as rice, beans, tomatoes, and other staples. Market trends suggest that the festive period, often marked by bulk buying and panic purchases, may lead to significant price increases nationwide. Traders at major markets have expressed […]

As the Christmas season approaches, many Nigerians are preparing for a potential surge in the prices of essential food items such as rice, beans, tomatoes, and other staples. Projections indicate that the festive season may trigger widespread panic buying and bulk purchases, a trend often seen during this period. Traders at popular markets across the […]

The price of cement in Nigeria has continued to soar, with a 50kg bag averaging ₦8,800 nationwide and hitting as high as ₦10,000 in some states over the last six to eight months. The persistent price hike has drawn widespread concerns, prompting the House of Representatives to summon major cement manufacturers, including Dangote and BUA, […]

Nigerians continue to grapple with soaring food prices as the cost of essential commodities rises sharply, a trend many attribute to recent policies introduced by President Bola Tinubu’s administration. Over the past few months, the prices of staple foods such as beans, rice, palm oil, and tomatoes have surged, placing a heavy burden on households […]

The soaring price of cement in Nigeria has become a pressing issue for consumers and stakeholders in the construction sector. As of 2024, cement prices have experienced sharp fluctuations, with costs driven by a host of economic factors, including inflation, foreign exchange rates, and production expenses. Industry insiders point to several reasons for the surge, […]