Many Nigerians can no longer afford beer -NB CEO

The Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has said that the economic situation in Nigeria has deteriorated to the extent citizens can no longer afford to buy beer. Essaadi said this on Monday at the company’s investor call following the release of its 2023 results. “It has been unprecedented year for our […]

FG to Determine Food Prices, Commits to Food Security

The federal government has announced that plans have been concluded on the determination of food prices in Nigeria. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, who disclosed this in Abuja also gave hints on the projects and initiatives the federal government to stem the rising cost of food in the country. Kyari […]

UPDATED: Manufacturers list conditions to slash rising cement price

Cement Manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide, The PUNCH reports. However, the manufacturers stated that the price drop from the current market price would depend on the fulfillment of certain government interventions to ameliorate critical challenges faced in the […]

Labour mobilises for protest, tanker drivers strike triggers fuel queues

The organised Labour on Monday began mobilising its members for a nationwide protest slated for February 27 and 28 over the cost of living crisis in the country. Sources in the leadership of the Nigeria Labour Congress told our correspondents that the National Executive Council met via Zoom on Friday, February 16, to review the […]

Education loan’ll keep promising students in perpetual indebtedness – ASUU

The Academic Staff Union of Universities said the proposed education loan scheme will end up keeping students in permanent debt. The union stated this after its National Executive Council meeting at the Niger Delta University, Wilberforce Island, Bayelsa State, on Thursday. ASUU said it was surprised by the reports it received on the failed promises […]

Why a second medical opinion can be your best healthcare decision

•A second opinion can change everything — Prof Morenike Ukpong  •When in doubt, double-check your diagnosis —  Prof Oladapo  Ashiru  •Doctors should respect patients’ rights to seek a second opinion  — NMA •A second opinion changed the course of my treatment – Patient’s experience The celebrated case of Dr. Farid Fata, a Michigan oncologist who […]

Food Inflation: Nigerians patronise roadside food vendors to cut cost

NIGERIANS are known for their patronage of eateries and local restaurants with the best food. In fact some patronize expensive restaurants to show off their wealth. However, food, a major need of humans, has become very difficult to purchase that many now go for a day or two without it. The increasing prices of goods […]

Naira weakens as banks’ dollar sales plunge by $252m

Dollar sales by Deposit Money Banks and other entities at the Nigeria Autonomous Foreign Exchange Market dropped by $252m to $84.1m on Friday. This represents a 74 percent drop from the $331.1m transactions recorded at the official Nigeria Autonomous Foreign Exchange Market on Thursday. Meanwhile, the naira depreciated to N1,537/$ on Friday from N1,498/$ recorded at the […]

FG, marketers meet today, tanker drivers insist on strike

The Federal Government has ordered oil marketers to negotiate with the Nigerian Association of Road Transport Owners to avert the planned suspension of operations by NARTO members with respect to the lifting of petroleum products nationwide beginning today (Monday). It was gathered on Sunday that oil marketers and the executives of NARTO met about six […]

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