Price Surge Pushes Millions to the Brink NIGERIA’S worsening cost-of-living crisis has taken another painful turn as soaring Liquefied Petroleum Gas (LPG) prices continue to strain household budgets and threaten thousands of small businesses, forcing many families back to firewood and charcoal despite years of government efforts to promote cleaner cooking energy. A nationwide survey […]
National Debate Highlights the Economic Power of Indigenous Micro-Enterprises THE conversation generated by First Lady Senator Oluremi Tinubu’s call for Nigerians to embrace indigenous small-scale enterprises such as akara, roasted corn and kuli-kuli has continued to resonate across the country. Coming at a time of persistent inflation, rising unemployment and increasing living costs, the remarks […]
Households Struggle as Cooking Gas Prices Climb Nationwide Sharp Increase Sparks Public Outcry A sharp increase in the price of cooking gas has intensified pressure on Nigerian households, with consumers across the country expressing frustration over what many describe as an unsustainable rise in the cost of clean cooking energy. Market checks indicate that Liquefied […]
Energy Shock Reverberates Across Developing Economies THE escalating crisis in the Middle East is creating fresh economic challenges for emerging markets, with countries such as Nigeria facing growing inflationary pressures as global oil prices climb. According to recent findings highlighted by the McKinsey Global Institute’s Global Economics Intelligence report for April 2026, geopolitical tensions in […]
Rising Cost of Vegetables Deepens Pressure on Abuja Households RESIDENTS and food business operators across the Federal Capital Territory have raised fresh concerns over the escalating prices of vegetables and staple cooking ingredients, warning that the situation is making feeding increasingly difficult for households and threatening the survival of small food businesses. The complaints come […]
Economic Pressure Alters Household Energy Choices INCREASING energy prices and rising living costs across the Federal Capital Territory have compelled many residents to reduce their use of cooking gas and embrace cheaper alternatives such as charcoal and firewood. Residents say the persistent rise in the cost of Liquefied Petroleum Gas (LPG), kerosene and transportation has […]
Nigeria’s Aviation Sector Under Price Pressure as Airfares Surge DOMESTIC air travel costs in Nigeria are undergoing significant upward adjustment as airlines respond to sustained increases in operational expenses, particularly aviation fuel costs. New fare structures now place minimum one-way ticket prices at approximately ₦200,000 on several domestic routes, marking a sharp rise in the […]
Rising Ram Prices Stir Concern Ahead of Eid-el-Kabir Sharp Increase in Market Prices RESIDENTS and traders in Dei-Dei and Kubwa communities in the Bwari Area Council of the Federal Capital Territory have raised concerns over the steep rise in ram prices ahead of the upcoming Eid-El-Kabir celebration. Market checks show that the cost of rams […]
Scarcity Disrupts Daily Life RESIDENTS of Warri South and Uvwie are grappling with an acute shortage of sachet water, popularly known as “pure water,” following an ongoing strike by producers. The disruption, which began on 1st May 2026, has significantly reduced supply across both local government areas, leaving households scrambling for alternative sources of safe […]
By ISA BUKAR AISAMI Nigeria’s Wage-Fuel Reality in Global Perspective FOR decades, Nigeria was widely seen as one of Africa’s major oil producers where petrol remained relatively affordable through subsidies and state intervention. In 2026, that perception has changed sharply. Petrol prices across many Nigerian cities now range above ₦1,200 per litre, with some areas recording […]