The federal government has frowned at the indiscriminate hike in the prices of local rice, accusing dealers of dishonesty and of being unfair to consumers. Minister of Agriculture and Rural Development, Alhaji Sabo Nanono, made the accusation in Abuja, revealing that the government is going to engage stakeholders in the rice value chain to protect […]
Oil markets can see light at the end of the tunnel in 2018. A year of production cuts by the Organisation of Petroleum Exporting Countries, OPEC, and its allies has reduced global stockpiles and revived prices. A barrel of Brent crude is now worth almost a fifth more in value than it was 12 months […]
Few months after the National Bureau of Statistics (NBS) announced to the delight of Nigerians, prices of food items have continued to hit the rooftops. Consequently, Nigeria’s annual inflation rate marginally slowed for an eighth- month record in September, easing to 15.98 per cent, the National Bureau of Statistics (NBS) said on Tuesday, in its […]
Over the last six months, I gradually reached the point where I forswore further commentary on monetary policy. Yes, I do admit that part of my difficulty with the way the central bank has gone about its work is ideological. A partisan of market solutions (except in those instances, plenty, truth to tell, when this […]
You must be logged in to post a comment.