Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by...

Beans, Garri Prices Drove Annual Food Inflation       The prices of beans and garri drove annual food inflation in May, the National Bureau of Statistic has said in a new report. The ‘Selected food prices watch for May 2021’ report obtained on Sunday said there was a...

Bakers Hike Bread, Biscuits Prices By 30% Nationwide       The Association of Master Bakers and Caterers of Nigeria (AMBCN), has directed its members nationwide to increase the prices of bread, biscuits and other baked items by 30 percent over the rising cost of production. The directive was...

Oil Prices: Afreximbank Predicts 10% Rise In 2021       Oil prices are expected to rise around 10 per cent over the next year, according to the Afreximbank African Commodity Index for the third quarter of 2020. The index, which measures commodity prices every quarter, said the oil...

‘Imported Vehicle Prices To Increase Next Year’         The prices of vehicles imported into Nigeria will increase significantly from next year once the Fuel Grade and Vehicle Emission Standards Regulations of the Economic Community of West African States is implemented, the Association of Motor Dealers of...

'Nigerians May Face High Prices Of Meat, Dairy Products'         Nigerians may pay high prices for meat and milk, going by increasing costs of production, experts have said. Managing Director, Chanan Elo’a Integrated and dairy expert, Mr Udeme Etuk said with the ongoing recession, stubbornly high prices...