Category : Search result: Nigerian rice market

Rice Prices Crash by 40% in Nigerian Markets as Supply Surges

Rice Prices Drop 40% in Nigerian Markets

Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.

Bandits Kill 2 Rice Farmers, Abduct Teenager in Kwara Community Attack

Bandits kill 2 farmers, abduct teen in Kwara attack

Suspected bandits killed two rice farmers and abducted a teenage boy in Bokungi community, Kwara State. The attack occurred during harvest season, highlighting security concerns for rural farmers. Read more about this tragic incident.

Edo Market Women Protest Eviction Over Renovation Plans

Edo Market Women Protest Planned Eviction

Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.

Nigerian Equities Lose N1.5 Trillion on Capital Gains Tax Fears

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

AGRA Report: Mixed Food Prices Across Africa in October 2025

AGRA: Food Prices Rise & Fall Across Africa

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.

Naira Surges: British Pound Crashes Below N2,000 in Nigerian Markets

Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

Nigerian Stock Market Plunges: Investors Lose Billions as Economic Worries Intensify

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

The Shortlet Boom: How Nigeria's Housing Market Is Being Transformed

Nigeria's Shortlet Housing Revolution Explained

Discover how Nigeria's real estate landscape is rapidly evolving as traditional rentals give way to short-term accommodations, creating new opportunities and challenges for homeowners and tenants alike.

Hilda Baci Makes History Again! Receives Second Guinness World Record Plaque for Epic Jollof Rice Achievement

Hilda Baci Gets Second Guinness World Record Plaque

Nigerian culinary superstar Hilda Baci celebrates another milestone as she receives her second official Guinness World Record plaque for cooking the largest pot of jollof rice, cementing her status as a global food icon.

Benue Traders Take Drastic Action: Modern Market Shut Down Over Rampant Car Theft Crisis

Benue Market Shut Over Rampant Car Theft

Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.

Naira Takes Another Dive: Nigerian Currency Loses Ground Against US Dollar in Fresh Exchange Rate Setback

Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigerian Stock Market Crisis: Investors Lose ₦1.3 Trillion in Single Day Amid Growing Anxiety

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

Sola Oni at 65: Celebrating a Legacy of Integrity and Intellectual Excellence in Nigeria

Sola Oni at 65: Legacy of Integrity and Impact

Explore the remarkable journey of Sola Oni - stockbroker, journalist, and corporate communications expert whose 65 years embody integrity, intellect, and transformative impact across Nigerian media and finance sectors.

Asian Markets Crash: Tech Stock Bubble Fears Trigger Massive Sell-Off | Legit.ng

Asian Markets Crash Amid Tech Bubble Fears

Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.

Naira in Freefall: Trump's Victory Sends Nigerian Currency and Stocks Plummeting

Naira Crashes, Stocks Drop After Trump Victory

Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.

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