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MTN Discontinues 15GB Bundle After Backlash Over 200% Price Hike

MTN Discontinues 15GB Bundle After Backlash Over 200% Price Hike MTN Nigeria, the nation's largest telecommunications provider, has scrapped its 15GB data bundle in response to widespread criticism from customers, who were outraged by a massive 200% price hike. The telco had initially raised the cost of the...

Naira Depreciation: Manufacturers Plan General Price Hike

Naira Depreciation: Manufacturers Plan General Price Hike   Manufacturers have predicted fresh hikes in the prices of commodities in the market to rise in response to the continued fall of the naira against the United States dollar. On Friday, the naira plunged to N1,420/$ at the parallel...

Cooking Gas Price Hike: NLNG Faults Market Forces, External Factors

Cooking Gas Price Hike: NLNG Faults Market Forces, External Factors The Nigerian Liquefied Natural Gas Company Limited (NLNG) has denied responsibility for the recent price hike in the country’s cooking gas. In a statement, NLNG’s General Manager, External Relations, Andy Odeh, described media reports insinuating that...

Fuel Marketers Call For Fresh Price Hike as Naira Crash to 920/$

Fuel Marketers Call For Fresh Price Hike as Naira Crash to 920/$ Oil marketers, on Thursday, insisted on a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, following a further plunge in the value of the naira against the United...

NNPC Dismisses Price Hike Rumour, Admits Hitches In Depots

NNPC Dismisses Price Hike Rumour, Admits Hitches In Depots   The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but ruled out any hike in the pump price of the product. The Economic Confidential had reported on...

Fuel Scarcity Looms As IPMAN Accuses Depot Owners Of Price Hike

Fuel Scarcity Looms As IPMAN Accuses Depot Owners Of Price Hike   There are concerns of looming fuel scarcity as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised the alarm over the hike in the wholesale price of Premium Motor Spirit (PMS) or petrol...