By Joke Kujenya CONCERNS ARE mounting across Nigerian households as rising costs of living push many to reconsider major purchases and cut back on spending. The latest Household Expectation Survey by the Central Bank of Nigeria (CBN) indicates a bleak economic outlook, with households forecasting increases in transportation, home purchase, veh...
By Jemimah Wellington, JKNewsMedia Reporter IN RESPONSE to recent critiques, the Federal Government has defended its economic reform agenda, with Special Adviser to the President on Information & Strategy, Bayo Onanuga, highlighting substantial achievements in revenue generation, reduction of fiscal waste, and direct social interventions. ...
By Jemimah Wellington, JKNewsMedia Reporter The Federal Competition and Consumer Protection Commission (FCCPC) announced it has launched a multifaceted intervention against exploitative practices in Nigeria’s marketplace. He said it reveals widespread manipulation of food prices, unclear procedures around prepaid meter replacements, and troubl...
By Jemimah Wellington, JKNewsReporter THE REMOVAL of fuel subsidies and rising feed costs are threatening Nigeria’s egg industry, with prices of crates potentially soaring to N10,000 from the current N5,500. Poultry farmers are grappling with high transportation costs and feed prices, which have doubled in some cases. Without immediate governm...
