Business & Economy

Rice prices crash by over 20% in relief for Nigerian households

Amid the rising food inflation in Nigeria, rice prices are dropping in major markets, falling by 20-30 percent within two months.   This is a relief...

Petroleum Marketers Struggle for Funds Amid CBN’s Cash Reserve Ratio Hike

In the wake of the Central Bank of Nigeria's recent implementation of a 45% Cash Reserve Ratio (CRR), petroleum products marketers are facing significant...

BRANDED: KayiApp: Revolutionizing Banking with its Cutting-Edge Super App

In the rapidly evolving landscape of digital banking, KayiApp has emerged as a game-changer that is reshaping the way people manage their finances. Unveiled...

Cost of pain killers surges by 200% in Nigeria

In the bustling heart of Lagos, 58-year-old Emeka Joshua, a retired teacher, stands at the counter of a local pharmacy.   With a furrowed brow, he...

Food leads commodity inflation as headline inflation rate hits 27-year high of 33.20% 

The headline inflation in March 2024 hit 33.20% relative to February 2024 which stood at 31.70%. Inflation in the country has been increasing steadily...

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