HURRAY! Price of Gari Drops By 60%

NIGERIA CONSUMER NEWS

Price of garri, a staple in the country, has dropped significantly in Enugu state over the last 120 days. This is cheering news for lovers of Nigeria’s most staple food, Garri. A market survey conducted on Monday, revealed that the amount has dropped from as high as N1,250 to between N450 and N500 per paint […]

Bumper harvest forces produce prices down in Katsina

Nigeria Consumer News

The price of farm produce has significantly reduced as farmers are recording bumper harvests in Katsina State. Several factors, such as complementary and composite demands of the produce have seen prices dwindle in recent weeks. Sorghum for example was expensive last season with its price at between N16,000 and N18,000 by this time but this […]

Bag of rice to sell for N6000

The National President of Rice Farmers Association of Nigeria, Aminu Goronyo, on Wednesday, disclosed that in the next few months, a 50kg bag of rice would be sold at the rate of N6000. Goronyo made this known during a meeting between rice farmers, processors and the minister of agriculture, Audu Ogbeh, at the ministry’s headquarters in Abuja. According to the Farmers’ […]

Price of rice not likely to fall soon

Contrary to what the federal government said, the price of rice may not likely fall this month as the price of dollar remains high and local farmers are yet to start milling rice. As the price of rice went astronomically high like prices of other products in the country, the Minister of Agriculture and Rural […]

Glo Increases Prices Of Blackberry Data Subscription

Globalcom Nigeria Limited has officially increased the monthly subscription for Glo blackberry subscribers. Below are details of tariff: CoMONTH to 777 @N1400 – for 3GB data Plan Recycled Monthly BBCMONTH to 777 @N1400 for 3GB data Plan Recycled Monthly BBCWEEK to the 777 @N400 for 400mb data Plan Recycled Weekly The new increase in the […]

Dangote Slashes Cement Price in Nigeria

Dangote cement has slashed the price of its cement varieties following the introduction of new production lines in Okpella Edo State and Itori in Ogun State worth nine million metric tonnes. The firm in a statement, stated that the price cut from N1800 to N1300 was to ensure the product is affordable to all segment […]

NNPC denies fuel price reduction reports

The Nigerian National Petroleum Corporation (NNPC) has debunked reports of reduction in pump price of petrol from N87 per litre to N57. Describing the report as false, the oil firm advised the public to ignore it, insisting that petrol price remains N87 per litre. Meanwhile, a major step towards ensuring zero fuel queues throughout the […]

Dangote Cuts Cement Price By N300 Per Bag

Dangote Cement, Africa’s largest producer of the building material, has cut prices of cement in its home market Nigeria by N300  in an attempt to boost cement consumption. The price cuts to its 3X cement brand by N6 000 ($30.23) per metric tonne, translating to N300 reduction per 50kg bag, allows Dangote to still achieve […]

Anticipated Raise in Gas Price Not to Affect Electricity Tariff

Good news! Electricity generation and distribution firms have said the planned increase in the price of gas supplied to power plants may not lead to a direct rise in electricity tariffs across the country. According to them, reports of a possible rise in tariff due to gas price increase are not completely true, as they […]

Buying a used car in Nigeria: Some helpful nuggets

It is familiar truth that an overwhelming number of cars in Nigeria are purchased as used. In fact, the desire for used products has become a stronghold amongst Nigerians, to the point where even those with the financial wherewithal to buy a new car actually prefer to go for used (or tokunbo as commonly referred […]

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