Despite the agreement reached with manufacturers that cement should be sold for N7,000, the product is still being sold for between N10,000 and N11,000 in the Idimu area of Lagos state. A retailer, simply...

Federal Government is to stop the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically so as to warrant a crash in price. It stated on...

In a significant development, cement manufacturers have unanimously agreed to slash the price of the product to a range between N7,000 and N8,000 per 50kg, varying by location nationwide. This groundbreaking decision transpired during...

A bag of cement cannot be sold below N7,000 due to the increasing cost of production, manufacturers said yesterday. They said the rise in operating costs was responsible for the price hike. The producers...

The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite huge patronage by road and housing contractors to cement...

It was on Friday gathered from retailers that demand for cooking gas fell “due to rising inflation rate”, resulting in low purchasing power of consumers. As gathered by INTEGRITY NEWS, the demand for Liquefied...

The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to on Friday N1,670/$ from N1,600/$ recorded at the close of trading activity...

The naira appreciated slightly against the United States dollars at the Nigerian Autonomous Foreign Exchange Market on Thursday, closing at the rate of N1,498.25/$ from N1,503.38/$ recorded the previous day. This came as the...