Tag Archives: price

Natural gas and crude oil prices have surged recently amid rising demands and the US’s wider sanctions on Russia. Elevated energy prices could jeopardise the Eurozone’s inflation outlook and push the regional economy into stagflation. ADVERTISEMENT Both crude oil and natural gas prices saw a sharp increase in January amid increasing energy demands and new US sanctions on Russia. Benchmark …

A Kenyan businesswoman, Purity Wambui Maitu, a mitumba trader at Gikomba, has shared her her struggles with ex-husband, Ambrose Mutembei, accusing him of exploiting her efforts and neglecting their family.     According to a post by a Kenyan publication, Wambui revealed that she paid her own dowry of Ksh 40,000 and single-handedly built a property in Mwihoko, consisting of …

The copper price has been on the rise in 2025, reaching a three-week high amid robust demand in China, given Beijing’s ongoing stimulus measures. However, Trump’s tariffs are expected to cap the uptrend later in the year. ADVERTISEMENT Copper prices have had a strong start in 2025, rising more than 6% in the first six trading days of the year. …

Counsel to embattled singer, Speed Darlington, Stan Alieke, says that it is unlawful for any landlord to unilaterally increase their house rent.    According to Alieke, several courts in Nigeria have ruled in a plethora of cases that it is unlawful and illegal for a landlord to increase rent without consulting or renegotiating the price with the tenant.    See …

President Bola Ahmed Tinubu has shared how his policies, particularly the removal of fuel subsidy, have taught Nigerians to manage.  President Bola Tinubu shared a personal story of a friend who went from driving five Rolls-Royces to driving a Honda due to the cost of petrol.  The President shared the story on Monday, Dec. 23, in a chat with reporters …

NNPC Limited has reduced the pump price of petrol at its retail outlets in Abuja to N965 per litre from N1,030 per litre.  Visits to NNPC retail outlets in the Central Area and Nyanya suburb of the nation’s capital confirmed that the new rates are now in effect.   This marks the second price cut by the Nigerian National Petroleum Company …

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says Nigerians should expect a reduction in the pump price of the product within the week.   Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery reduced the ex-depot price of petrol to N899 per litre in Lagos. Despite the announcement, many fuel stations have continued …

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price for Premium Motor Spirit (PMS), also known as petrol, to N899 per litre.   The product previously sold at N1,020. According to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), the new price was fixed by the NNPCL.     Quoting a document released by NNPCL’s …

A Nigerian woman has suggested some changes to be made to the bride price culture.  She explained that she is not one of those women who call for bride price to be scraped, instead, she wants some things about the practice to change.  She said that bride price should be paid to the bride since she is the one who …

Oil marketers lifting the Premium Motor Spirit, PMS, also known as petrol from Dangote Petroleum Refinery, have slashed the price of the product by 11.8 per cent to N939.50 per litre, from N1,060 per litre.   Some fuel stations in Lagos state have since reflected the new pump price as of this morning December 20. On Thursday, December 19, Dangote …