Nigeria 5th in Africa for Lowest Fuel Prices
Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.
Category : Search result: commodity prices
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Economist Calls for More Farmer Support to Lower Food Prices
Dr. Muda Yusuf urges increased support for farmers with inputs like fertiliser and irrigation to make food affordable. While inflation is easing, prices remain high.
Smartphone Prices Crash as Naira Stabilises, Shipments Grow
Nigeria's smartphone market rebounds as naira stability lowers prices for iPhone, Samsung, Tecno, and others. Shipments rise, making Nigeria a bright spot in Africa's tech story. Read more.
Asian Markets Sink on AI Bubble Fears, Tracking Wall Street
Asian markets dropped Thursday, mirroring a Wall Street sell-off fueled by fears of an AI investment bubble. Tech giants tumbled as oil prices rose amid Venezuela tensions. Get the latest market analysis.
Fuel Prices Fall Nationwide After Dangote Refinery Rate Cut
Nigerians witness a sharp drop in petrol prices after Dangote Refinery slashed its ex-depot rate. MRS leads with N739/litre in Lagos, while other cities adjust. Read the latest market updates.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
FIFA adds $60 tickets for 2026 World Cup after backlash
FIFA introduces $60 'Supporter Entry Tier' tickets for 2026 World Cup after fan groups decried 'extortionate' prices. Tickets reserved for qualified teams' fans. Read details.
Laura Ikeji Kanu Calls Out Greedy Price Hikes for Detty December
Beauty entrepreneur Laura Ikeji Kanu condemns the outrageous price surge for services like hair braiding in December, calling it exploitation of Nigerians abroad. Read her full outburst.
Senate Moves to Shield Farmers from Price Collapse
The Nigerian Senate has urged the government to subsidise fertilisers and revive commodity boards to stabilise markets and protect farmers' livelihoods. Read the full story.
Food Inflation Plunges to 11.08% as Prices Crash
Nigerians rejoice as food prices drop for five consecutive months. Inflation falls to 15.45%, with staples like rice and garri becoming more affordable. Read the full analysis.
Steve Clarke Warns Fans Over 2026 World Cup Ticket Debt
Scotland manager Steve Clarke urges Tartan Army supporters not to incur debt for expensive 2026 FIFA World Cup tickets in the USA. Prices for three group games start at £500.
Benue Farmers Lament Crashing Food Prices, High Costs
Farmers in Benue State face financial ruin as market prices for crops collapse while fertiliser and transport costs remain high. Many threaten to quit farming next season. Read more.
BBNaija Stars Shocked by Lagos Short-Let Prices
BBNaija celebrities Leo DaSilva and Nina Ivy express outrage at skyrocketing Lagos short-let rates for Detty December, with some properties charging over ₦14 million. Read their reactions and public response.
BBNaija Stars Slam Lagos Short-Let Owners for ₦700k/Night
BBNaija's Leo DaSilva and Nina Ivy call out exorbitant Lagos short-let prices hitting ₦700k per night this Detty December. Read their shocking revelations and the public's reaction.
New Egg and Chicken Prices Released by Farmers
Nigerian poultry farmers announce updated rates for eggs and adult chickens. Despite a drop in inflation, staple foods remain costly, squeezing household budgets ahead of Christmas.
Nigerian Christmas Chicken Prices Skyrocket for 2025
Nigerian poultry farmers announce new, higher prices for chickens ahead of Christmas, citing soaring feed costs. See the latest market rates and the reasons behind the festive season squeeze.
Trump Rolls Back Biden's Car Mileage Standards
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
Trump Rolls Back Biden's Fuel Economy Standards
President Trump revokes tougher CAFE standards, aiming to cut new car costs by $1,000. The move, backed by Big Three CEOs, sparks debate on affordability versus climate goals.
Nigerian domestic airfares skyrocket 150% for festive season
Nigerians face soaring airfares and tough travel choices this festive season as ticket prices surge up to 150% on major routes. Get the latest price breakdown and expert analysis.
Bread Prices Skyrocket, Bakers Deny Flour Cost Drop
Nigerian bakers refute viral claims of a flour price crash, revealing high production costs keep bread prices steep. Learn why your loaf costs more and what's next.
US-UK Pharma Deal: Tariffs Lifted, NHS Drug Prices Rise
The US has exempted UK pharmaceuticals from import tariffs in a new trade deal. In exchange, Britain's NHS will pay 25% more for new US drugs. Read the full details and implications here.
Rice Price Crashes to N60,000 Bag Ahead of Christmas
Nigerians get festive relief as rice prices drop significantly. A 50kg bag now sells for around N60,000 due to improved local harvests and border reopening. Read more.
World Cup 2026 Tickets Sell for 11 Times Face Value
FIFA's official resale platform shows 2026 World Cup tickets selling at 11x original prices, raising concerns about fan accessibility. Discover the shocking price increases affecting matches across North America.
Asian markets mixed ahead of key US data, Fed decision
Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
US Farmers Struggle with Tariff-Driven Cost Increases
American farmers and businesses report soaring production costs due to Trump's tariffs, contradicting White House affordability claims as Thanksgiving approaches.
Bread Prices Remain High Despite Cheaper Flour in Nigeria
Nigerian families face ongoing hardship as bread prices refuse to fall despite significant drops in flour costs. Bakers blame high electricity, diesel and other ingredient expenses.
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