Yuletide: Prices Of Tomatoes, Others Rise By 7.8% Prices of four food items including tomatoes, yam, rice, agric eggs and local eggs increased by 7.8 per in November data from the National Bureau of Statistics have shown. The NBS in its selected food price watch for...

Oil Prices Hit Highest In Three Months Oil prices extended gains on Friday, scaling three-month highs as the U.S. and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised questions about global demand for...

Crude Increases To $64.17, Fuel Subsidy Now N43/litre   The rise in crude oil price has spiked the Expected Open Market Price of Premium Motor Spirit, popularly known as petrol, leading to a sharp increase in the amount spent on subsidy. Data obtained in Abuja on Tuesday...

In Two Months, Rice Price Rises By 29.41% Price of rice, a staple consumed during festivities in Nigeria, has risen by over 29.41 per cent since July, along with other foodstuffs. This is even as Christmas is just a few weeks away. Before August 28 when...

NNPC Increases Sales Prices For Crude Oil   The Nigerian National Petroleum Corporation has raised December official selling prices for several of the nation’s crude oil grades. Reuters reported that price differentials for Nigerian light sweet grades continued at multi-year highs even as official selling prices published...

Border Closure: Prices Of Rice, Eggs Skyrocket In October, Says NBS   The average price of one kilogram of imported high quality rice (sold loose) increased by 3.08 per cent to N382.57 in October, 2019 from N371.13 in September 2019. The selected food price watch data for...