UK Returnee Shocked by Nigeria's High Living Costs
A Nigerian lady who returned from the UK shares her shock at Nigeria's high cost of living, car repairs, and monthly budget struggles. Discover why she questions her spending.
A Nigerian lady who returned from the UK shares her shock at Nigeria's high cost of living, car repairs, and monthly budget struggles. Discover why she questions her spending.
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Learn how to check if your gas cylinder has expired to prevent dangerous leaks and explosions. Essential safety guide for Nigerian households using cooking gas.
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Nigerian developers shift to build-to-sell model amid rising construction costs and economic volatility. Learn how this affects housing affordability and market dynamics.
Federal Government confirms 500 CNG stations will be built across Nigeria using MDGIF funds. Project aims to support one million CNG vehicles by 2027, reducing petrol dependence.
NNPC Retail Ltd launches health insurance scheme for over 7,000 petrol station attendants nationwide, enhancing welfare and service delivery. Read about this worker-focused initiative.
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
Nigeria's Petroleum Industry Act has revolutionized oil governance in 4 years, boosting local refining and gas infrastructure. Discover how PIA achievements are shaping energy future.
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
House of Representatives investigates petition from Ezi Umuada Igbo seeking removal of Sophia Mbakwe as NNPCL EVP over federal character violation. Follow this developing story.
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
NMDPRA reviews 215 gas projects targeting $20bn investment to boost Nigeria's gas economy. 70 priority projects identified with 15bscf/d demand potential by 2030.
Nigerians celebrate as cooking gas prices drop significantly, with marketers promising further reductions ahead of festive season. Major suppliers including NNPCL slash prices.
Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.
Dangote Refinery's price cut forces filling stations to reduce petrol prices. MRS, AP, Heyden stations react as marketers halt imports. Read the latest market analysis.
The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.
Former President Donald Trump announces groundbreaking initiatives to reduce costs of popular weight-loss medications, potentially transforming healthcare access for millions.
Nigeria faces an impending cooking gas crisis as Dangote Refinery unexpectedly hikes prices by 25%, triggering panic among dealers and consumers across the nation.
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.