Border Closure: Prices Of Rice, Frozen Chicken Rise   The closure of the country’s borders seems to have led to increase in prices of some food items such as rice, frozen chicken and turkey. Observers say if the borders are not opened before December, it portends a...

Brent Crude Price Plunges To $63.13/barrel   Brent crude oil recorded a marginal drop in price on Tuesday, as it shed $1.64 to close at $63.13 per barrel. Figures from international crude prices showed that the commodity traded for $64.64 per barrel the preceding day. But OPEC basket...

Border Closure: Prices Of Diesel, Petrol, Kerosene Skyrocket – NBS Data   National Bureau of Statistics Despite Federal Government’s partial closure of borders to monitor smuggling, prices of petrol, kerosene and diesel skyrocketed in August. Data sourced from the National Bureau of Statistics (NBS) show that while...

Ahead Of Sallah Celebration, Prices Of Pepper, Ram Rise   The prices of perishable food items and ram in major markets of Obafemi Owode Local Government in Ogun State increased significantly amidst preparations for Eid-El-Kabir celebration. A visit by Economic Confidential correspondents to Mowe, Ibafo and Kara...

Oil Marketers Want Petrol Prices Reviewed Regularly The Major Oil Marketers Association of Nigeria has said the pricing template for Premium Motor Spirit should be reviewed regularly to ensure that the price of the commodity reflects the reality on the ground. It was reported last week...

Foodstuff Prices Fall, Despite Rise In Inflation Despite the recent rise in inflation rate, data show that foodstuff prices have been on the decline. The National Bureau of Statistics (NBS) reported that inflation rate rose to 11.23 per cent in August, up from 11.14 per cent...