Naira Depreciation: Drug Imports May Hit Over N900bn   Drug prices are set to remain high in 2024 as import prices of pharmaceutical products may hit over N900bn due to the depreciation of the naira. This is set to further put pressure on Nigerians who had grappled...

Cooking Gas Prices Rose by 8.70% in 2023 - NBS   The price of cooking Gas continued to rise in the last quarter of 2023, adding to the strain on consumers who were already struggling with the rising cost of living. According to data from the National...

FG Launches Smart National Transport Databank The Federal Government has inaugurated a Stakeholders' Engagement Forum for the upcoming Smart National Transport Databank. This according to the government is a significant step forward in enhancing the transportation landscape in the country. In his keynote address at the launch...

Dangote Refinery to Sell Petroleum Products in Naira Oil marketers says refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters. Dealers in the downstream oil sector also stated...

FG Assures Intervention Funds for Agricultural Sector to Curb Food Inflation The Minister of Finance, Mr. Wale Edun, has assured Nigerians that there would be substantial intervention for the agricultural sector that would enhance increased production of rice, maize, wheat and cassava to stem the...

Bullish Trend: Equity market Gains N673bn on First Trading  The equity market continued with its bullish trend on Monday, as investors gained N673bn. At the close of trading, both the market capitalisation of the exchange and the All-Share Index rose by 1.30 per cent to settle...