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President Tinubu’s wife hosts D’Tigress after AfroBasket triumph
President Tinubu’s wife hosts D’Tigress after AfroBasket triumph

business

Residents of Kano express frustration over soaring sugar prices, turn to local substitutes

Many Kano residents have resorted to using locally-produced brown sugar (known as mazarkwaila), due to the high cost of granulated sugar. The price of granulated sugar has soared in recent…

Mar 3, 2024

business

Brown sugar, Kano, residents
Naira depreciates to N1,600/$ at parallel market

Naira, on Friday, reversed the appreciation trend at the parallel section of the foreign exchange market. The local currency depreciated by N100 or 6.67 percent to N1,600 per dollar. Currency…

Mar 2, 2024

business

dollar, Naira
Naira Extends Winning Streak, Surges to Close at ₦‎1,500/$

Naira has continued its appreciation streak at the parallel section of the foreign exchange (FX) market. The local currency traded at N1,500/$ on Wednesday, representing a gain of 9.09 percent…

Feb 29, 2024

business

dollar, Naira
Naira Strengthens Further to N1,650/$ at Parallel Market

to N1,650The naira appreciated further to per dollar at the parallel section of the foreign exchange (FX) market. Naira appreciated by 6.78 percent, representing N120 drop compared to the N1,770/$…

Feb 27, 2024

business

dollar, Naira, rate
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

Trending video of reduced Scahet water by manufacturing because of the price of manufacturing materials. See video below: See comments below: Debater : Like play, like play, Nigeria is gradually…

Feb 17, 2024

business, Uncategorized

Sachet water, size reduction

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