Tag: Price
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Paying the price (1) – By Femi Aribisala
Have you ever been to an expensive wedding that was a no-holds-barred affair? I am talking about that wedding where a fortune was spent. The champagne was ordered custom-made from France. The wedding cake was a three-story building.
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Price of crate of eggs to hit N10k as poultry farmers cry out
Poultry farmers in Nigeria have cried over a looming increase in egg prices, with projections suggesting a hike from the current N5,500 to as much as N10,000 per crate. The Poultry Association of Nigeria (PAN) attributes the potential surge to rising transportation costs following fuel subsidy removal and the sharp increase in feed prices driven…
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Gunmen abduct school pupils in Ekiti community
Gunmen have reportedly abducted an undisclosed number of schoolchildren in Emure Local Government Area of Ekiti State. According to a post by Ekititrends on its X account on Tuesday, the incident involved students from Apostolic Faith School. They were reportedly kidnapped on Monday evening while traveling from Emure Ekiti to Eporo Ekiti on their school…
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Kerosene hits N1,362/litre in December 2023, NBS report reveals
Consumers in December 2023 experienced a spike in the average retail price of kerosine reaching N1,362.27 per litre nationwide. This marked a 5.84 per cent increase compared to the N1,287.10 recorded in November 2023. The latest report of the Nigerian Bureau of Statistics obtained on Tuesday indicates on a year-on-year basis, the surge amounted to…
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Major reason for rising cost of cooking gas – NLNG
The Nigeria Liquified Natural Gas, (NLNG) Ltd., says the shortage of Foreign Exchange (FX), Federal Government’s import and Value Added Tax (VAT) are responsible for the rising cost of cooking gas in Nigeria. The Managing Director and Chief Executive of NLNG, Dr Philip Mshelbila
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Petrol price drops slightly to N254 per litre – NBS
T he National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed a drop from N264.29 in March to N254.06 in April 2023. This is according to the NBS Petrol Price Watch released in Abuja on Friday.
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Buhari promises to intervene on gas price hike
The Minister of State for Petroleum, Timipre Sylva, has said that President Muhammadu Buhari is aware and concerned about the hike in the price of gas and is promising action to ameliorate the situation. He said this while addressing State House correspondents after a meeting with the President in his office where he presented CEOs…
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Rising Gas Prices, Crisis in the making – Dakuku Peterside
Nigerians are facing hydra-headed challenges on all fronts: debilitating insecurity, extreme poverty, hyperinflation, high cost of food and essential
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Man City set price for Barca target Raheem Sterling
Manchester City have set their price for Raheem Sterling as Barcelona monitor developments. Marca says City have told any club interested in signing Sterling that they will have to pay £67m to get a deal done. Barcelona’s need for a new winger is exacerbated by Ousmane Dembele’s contract situation – his deal is set to…
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Chelsea set price limit to re-sign Hazard from Real Madrid
Chelsea sporting director Marina Granovskaia has made it clear the club will not go over a specific figure to bring back winger Eden Hazard from Real Madrid. The Belgian has struggled to find his feet at Real after a series of injury issues since his move from the Blues in 2019. Hazard is a Chelsea…