business

Naira Devaluation Causes $3 Billion Drop in Dangote’s Wealth Within a Week

Naira Devaluation Wipes Off $3 Billion From Dangote’s Wealth in One Week, Drops in Ranking – Aliko Dangote lost about $3 billion in February after the Nigerian government devalued the…

Feb 26, 2024

business

Dangote, Naira devaluation

Naira appreciates to N1,770/$

Naira strengthened on Friday to close at N1,770 against the dollar at the parallel section of the foreign exchange market. It appreciated by N90 or 4.84 percent, compared to the…

Feb 24, 2024

business

dollar, Naira

Looming Fuel Scarcity in Lagos Raises Concerns

Motorists formed long queues outside the forecourts of filling stations in Lagos state on Tuesday, February 20, due to a reported fuel shortage attributed to the directive from the National…

Feb 20, 2024

business

Fuel, Lagis, scarcity

Commencement of Apapa Container Evacuation by Rail Set for Next Month

Evacuation of cargo from Apapa port by rail will resume in next month as stakeholders engage in several meetings to finalise strategy for a smooth take off. Reports gathered that…

Feb 20, 2024

business

Apappa, Container

Cement Producers Set 50kg Bag Price Range at N7,000 to N8,000

The Federal Government and Cement Manufacturer have agreed on a #7000 to #8000 per 50 kg bag of cement to halt the astronomical rise in the price of the product.…

Feb 20, 2024

business

cement, manufacturer, price hike

Trending Video Of Reduced Sachet Water Size

FG Closes Sahad Supermarket for Hoarding Foodstuffs and Extorting Customers

The Federal Competition and Consumer Protection Commission (FCCPC), has sealed off the head office of Sahad supermarket/stores over customers extortion and lack of transparency in prices. Dr Adamu Abdullahi, the…

Feb 16, 2024

business

Abuja, sealed, supermarket

Cement Price Surges to N15,000 in Abuja

A 50 kilograms bag of cement in the Federal Capital Territory has surged to between N10,000 and N15,000. A market survey conducted on Friday in Gwarimpa, Area 10, Kubwa, Lugbe…

Feb 16, 2024

business

#15, 000, cement

Dollar Reaches N1,600 at Parallel Market

The naira has come under a very severe attack in recent times, defying several interventions by the Central Bank of Nigeria (CBN) thereby worsening the cost of living crisis and…

Feb 16, 2024

business

#1600, dollar, Naira

NARTO Threatens to Halt Petrol Lifting from Monday

The Nigerian Association of Road Transport Owners, on Thursday, vowed to stop lifting petroleum products beginning next week Monday due to the high cost of operations. NARTO members have repeatedly…

Feb 15, 2024

business

Fuel, Narto, Strike

Naira Devaluation Causes $3 Billion Drop in Dangote’s Wealth Within a Week

Naira appreciates to N1,770/$

Looming Fuel Scarcity in Lagos Raises Concerns

Commencement of Apapa Container Evacuation by Rail Set for Next Month

Cement Producers Set 50kg Bag Price Range at N7,000 to N8,000

Trending Video Of Reduced Sachet Water Size

FG Closes Sahad Supermarket for Hoarding Foodstuffs and Extorting Customers

Cement Price Surges to N15,000 in Abuja

Dollar Reaches N1,600 at Parallel Market

NARTO Threatens to Halt Petrol Lifting from Monday

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