Business

The deliberate holding back on imports of rice, thereby creating an artificial shortage of the commodity on the local market to force the government to yield to the demand for price increases, has been the strategic move of rice importers. Tuesday, September 17, 2024/Rice importers here appear to be playing games with the Liberian Government over the nation’s staple in …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed concern over the decision of the Nigerian National Petroleum Corporation (NNPCL) to sell petrol sourced from the Dangote Refinery at a higher price than imported petrol. Speaking on Channels Television’s The Morning Brief breakfast programme on Monday, IPMAN National Welfare Officer, John Kekeocha, questioned the logic behind the price difference. …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. According to the Consumer Price Index (CPI) report released by the Bureau, food inflation reached 37.52% in the same month. NBS said: “Looking at the movement, the headline inflation rate in August 2024 …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. Details later… LATEST Post: Nigeria inflation drops to 32.15% first appeared on Latest Nigeria News | Top Stories from Ripples Nigeria.

The Coalition of United Political Parties (CUPP) has slammed the Dangote Refinery over the high cost of Premium Motor Spirit (PMS) popularly known as petrol. Nigerians were hoping for cheaper petrol prices from the Dangote Refinery, but their hopes were dashed after the release of a price template by the Nigerian National Petroleum Corporation (NNPCL) on Monday. Under the template, …

Investors in the Nigerian equity market were smiling with joy last week following strong performances on the Nigerian Exchange Group (NGX) floor by stocks such as Caverton, RT Briscoe, UPDC and First Bank Holdings (FBNH) among others. The exchange recorded gains in three of the five trading days last week while market capitalization jumped by N607.5 billion to N56 trillion …

In a historic development, the first batch of trucks belonging to the Nigerian National Petroleum Company (NNPC) Limited has started loading premium petrol (PMS), popularly known as petrol, at its gantry. The development was announced by Dangote Group in a video uploaded on its X platform showing trucks stationed at the gantry on Sunday. ALSO READ: Dangote refinery to start …

Dangote Refinery has denied claims that it sold premium motor spirit (PMS) to Nigerian National Petroleum Company Ltd NNPCL at N898/litre, describing it as misleading and dangerous. The denial was contained in a statement uploaded on the X platform by Anthony Chiejina, the conglomerate’s Group Chief Branding and Communications Officer on Sunday, September 15, 2024. Earlier reports had emerged that …

Following the dashed hopes for a reduction in the price of premium Spirit Motor (PMS), popularly known as petrol from the Dangote Refinery, the Minister of Finance and Coordinating Minister for Economic Affairs, Mr Wale Edun has pleaded for time for the price of the product to be reduced. Edun predicted that with continued local gasoline distribution, fuel prices at …

In Nigeria, many businesses are housed in old buildings due to affordability, strategic location, or historical value. However, these buildings often require significant upgrades to make them attractive and functional for modern commercial use. Renovating an old building can improve its commercial viability, attract tenants or customers, and improve business operations. Improving the appearance of an old building does not …