price

Understanding Nigeria's Crude Oil Dilemma It seems Nigeria may soon witness another increase in petrol prices, and the reason might surprise you. Recently, the Nigerian National Petroleum Company (NNPC) Limited has reportedly halted a significant arrangement: the naira-for-crude deal with local refineries. It's a complex issue that might ripple through various sectors of everyday life. Inside sources suggest that NNPC has ceased this crucial deal, which now forces local refineries,…

Fuel Price Reduction: A New Dawn for Nigerians On Monday, Nigerians will breathe a little easier with a new development that promises financial relief. There’s no denying that fuel costs have been a significant burden since the removal of fuel subsidies in this bustling nation. But what does this price cut mean for the everyday Nigerian? Recently, Dangote Petroleum Refinery took a bold step, lowering its ex-depot price from N890 to N825 per litre. It’s not just a number; it's a…

Malnutrition poses a formidable obstacle for many African countries. According to a recent UNICEF report, a staggering 64 million children across the continent—roughly one-third—are grappling with "severe food poverty." This dire situation is likely to escalate into "wasting," a perilous form of malnutrition that can have devastating consequences. How do we turn the tide on such a pervasive issue? At the forefront of this global conversation is the Nutrition for Growth (N4G) Summit 2025, scheduled to take place in Paris.…

The administration of U.S. President Donald Trump is poised to introduce new tariffs targeting key trading partners: Canada, Mexico, and China. This move could disrupt supply chains that span multiple sectors—from energy to automotive—while raising alarms about potential inflation. Specifics of the tariffs are already generating concern. Mr. Trump intends to impose a steep 25% tariff on imports from Canada and Mexico, attributing this decision to what he perceives as these nations’ inadequate efforts to curb illegal…

Arsenal's grit was commendable, even as they navigated the choppy waters of losing key defenders Gabriel and Jurrien Timber in the latter stages, on top of the suspended William Saliba and the injured Riccardo Calafiori not being available.These are the challenging circumstances, yet for Arteta and his squad in the cutthroat arena of the Premier League's upper echelon, the current standings are sounding alarm bells.The Gunners' draw with Liverpool only lent a hand to Manchester City, who are comfortably perched at the summit…

This year, the Tabaski festival is characterized by the pandemic, but in Chad the most important problem is the price of sheep, which has risen sharply in the capital's markets compared with previous years. So this Tuesday, the morning of Tabaski in Chad, Ndjamenois began to organize to enjoy the party despite tight budgets. as…

In Senegal, the mobile payment operator Wave announced on Saturday, June 5, that it had arrested the regulator to measure sales of Orange telephone credit through their platform, which has now become impossible. An announcement that falls a few days after the drastic 80% drop in Orange Money prices, in the country where the trade war is fierce between these two electronic money services.…

In Côte d'Ivoire, the worth of a bag of cement has skilled a sudden rise in costs as a consequence of the vitality disaster, which has pressured the federal government to set costs for constructing supplies. as reported from Abidjan, François Hume-FerkatadjiIn a couple of days, 50 kg bag of cement, normally for 3,500 CFA francs,…

For six months, the price of fertilizer has risen. As a result, some farmers are being forced to reduce their use on the African continent. A trend that will not be without consequences. West African farmers are the big losers in the fertilizer market this year. Prices have reached their peak. And some operators are in…

While we are in the Democratic Republic of Congo (DRC), we are still waiting for the inauguration of the first government of the Holy Union, but unscrupulous entrepreneurs are taking the opportunity to speculate. The latest case concerns eggs in Kinshasa. Their price has almost doubled. with our special correspondent in…