Means of production price decline in China

Most of the capital goods monitored by China’s statistical authorities registered lower prices in early June compared with late May, official data showed on Wednesday. Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal,…

Women now rent wigs as human hair prices soar

For Nigerian women who make fashion a lifestyle and those who bid to look good is a do-or-die affair, it appears the most understandable language is “if you can’t beat them, join them”! For them, a good lustred and moisturising…

Price Vs Quality: The Nigerian e-commerce shopper’s dilemma – Terry Ibinabo

By nature, Nigerians are predominantly traditional in their approach to shopping.  This is hardly surprising when you consider that online shopping or e-commerce, as it is more popularly known, is a fairly recent phenomenon, one that is still catching on…

New Nigeria international passport to cost N70,000, says NIS (Guardian)

Nigeria Immigration Service (NIS) on Monday said registration and the issuance of new international passport would cost Nigerians N70,000. NIS spokesman Sunday James, who made the disclosure, said the agency will commence issuance of the new international passport from Monday,…

PDP promises to return fuel pump price to N87 per litre (Guardian)

NNPC moves against scarcity, augments shortfalls with $1b The Peoples Democratic Party (PDP) yesterday promised to return the pump price of petrol from N145 to N87 per litre if its presidential candidate, Atiku Abubakar, is elected next year. The party…

Atiku will reduce fuel price, says PDP (Punch)

The Peoples Democratic Party has said its presidential candidate has worked out a pricing template that will immediately crash the pump price of fuel in the country. The party said the President Muhammadu Buhari-led All Progressives Congress administration had failed…

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