Port Disruptions Cost Nigeria N5bn Daily - Report
A new report reveals street protests and unregulated port charges cost Nigeria up to N5bn daily, fueling inflation. SEREC urges urgent policy reforms to save the economy. Read the full analysis.
Category : Search result: infrastructure costs
United Capital Infrastructure Fund Appoints New Investment Committee
United Capital Plc appoints four independent experts to its Infrastructure Fund's Investment Committee to drive sustainable growth and impact across Nigeria and Africa. The fund has achieved a 24.62% YTD return.
Agents Protest Shipping Charge Hike, Shut Down MSC Apapa
Clearing agents in Apapa have halted operations at MSC to protest a sharp increase in shipping tariffs, warning it will worsen inflation and raise import costs for Nigerians.
Marketers Resist Cutting Petrol Prices Below Dangote Rate
Independent oil marketers explain why petrol prices remain above Dangote Refinery's N739 benchmark, citing high logistics costs. Discover the factors shaping Nigeria's fuel price war.
EFCC's N3.2bn Food, Cleaning Budget Sparks Outcry
EFCC's 2026 budget allocates over N3.2bn for meals, cleaning & fuel. Analysts warn of wasteful recurrent spending & weak budget impact. Details inside.
Nigeria Reviews Tariffs to Support Local Manufacturers
The Federal Government has begun a review of Nigeria's tariff framework to strengthen industrial competitiveness and reduce production costs for domestic manufacturers. Read more.
High Stowaway Costs Burden Shipowners in West Africa
West African ports impose heavy fines and repatriation costs on shipping companies for stowaways, with incidents costing up to $30,000 each. Nigeria's shipping association criticizes the policy as unfair.
Lagos One-Bedroom Rent Hits ₦20.9m in 2025
A new report shows Lagos rents have skyrocketed, with a one-bedroom in Eko Atlantic costing ₦20.9m annually. Discover the full breakdown of prices across the city and the economic factors driving this surge.
Traders Lament High Costs at Calabar Festival Village
Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
Nigeria Has World's Cheapest Domestic Fares - AirPeace
AirPeace Chairman Allen Onyema claims Nigerians pay the world's lowest domestic airfares, with tickets under $60, explaining high airline mortality rates. Discover the full story.
Bollywood Profits Squeezed by Star Fees, Entourages
Bollywood producers reveal how stars' multi-million dollar fees and lavish demands for entourages and trailers are crippling film finances. Discover the industry's call for change.
Scalable Data Centres Vital for AI Growth, Expert Says
Business analyst Nnadozie Odinaka warns that only data centre operators with strong financial frameworks can unlock AI's economic potential. Discover the three traits of winning operators.
Feed Costs, Input Access Challenge Nigeria Poultry Farmers
Despite being Nigeria's most commercialised livestock segment, poultry farmers face high feed costs and limited input access. The Minister of Livestock reaffirmed commitment at the LAPO Chicken Fair, highlighting collaboration for food security.
Osi Suave Says Rising Costs Are Killing Detty December
Media personality Osi Suave warns that Detty December's fun is fading due to greed and soaring costs. He reveals why he skipped his 2025 concert. Read his full analysis.
State Airlines Cut Airfares, Offer Relief to Travellers
Nigerian travellers get relief as state-owned airlines like Ibom Air introduce lower fares, reducing costs on secondary routes from N350,000 to around N150,000. Discover how this impacts the economy.
Professor Calls for Law to Mandate Walking for Health
A UNILAG professor proposes legislation to enforce walking, aiming to slash Nigeria's healthcare spending. Experts highlight benefits for physical, mental, and national unity.
High Energy Costs Threaten Nigerian Manufacturing - FG
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
Nigerian in UK spends N2m monthly, N955k on rent
A Nigerian lady living in Glasgow, UK reveals she spent N2 million in November 2025. Her rent alone consumed N955,000 monthly. See full expense breakdown and netizen reactions.
FG Distributes 4,000 Electric Tricycles to Youths
President Tinubu unveils 4,000 electric tricycles & motorcycles to slash transport costs by 40%, boost youth employment, and reduce carbon emissions in Nigeria. Read more.
Izzy Ogbeide: Children Are Not Blessings From God
Controversial content creator Izzy Ogbeide faces backlash after claiming children are 'expensive subscriptions' rather than divine blessings. The mother of three's viral video ignites heated debate.
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.
NBS Reports Significant Drop in Nigerian Food Prices
NBS data reveals a welcome decline in prices of beans, garri, and maize in Nigeria for September 2025. Discover the latest food price trends and regional variations.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
Nigerian Family's £6,777 Monthly UK Expenses Exposed
A Nigerian woman living in the UK breaks down her family's monthly expenses totaling £6,777. Discover mortgage costs, childcare expenses and public reactions to their budget.
Speed Darlington Installs Barbed Wire After Rejecting Quote
Nigerian rapper Speed Darlington shares DIY barbed wire installation video after dismissing handyman's ₦100k quote. Netizens react to rising labor costs and DIY culture.
German Rail Project Stuttgart 21 Faces New Delay
Germany's massive Stuttgart 21 rail project faces indefinite delays due to technical issues, with costs doubling to €11 billion. Discover the infrastructure challenges plaguing Europe's largest economy.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
Hidden Mental Health Burden in Older Adults Exposed
Ghanaian economist Michael Somuah's research reveals untreated psychological distress in older adults with functional limitations costs healthcare systems billions. Discover proactive solutions.
Build-to-Sell Strategy Takes Over Nigerian Property Market
Nigerian developers shift to build-to-sell model amid rising construction costs and economic volatility. Learn how this affects housing affordability and market dynamics.
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