LAGOS MARCH 24TH (NEWSRANGERS)-If the directive by the House of Representatives executive by Central Bank of Nigeria (CBN) on the introduction of the enforcement of the use of coins as a legal tender to tackle price inflation and stabilise the economy it means Nigerians are expected to revert to the use of coins in soonest. The…
LAGOS JULY 3RD (NEWSRANGERS)-Nigerian nutritionist Emiolo Ogunsola stands in front of a dozen new mothers in a Lagos public hospital, listing the basic foods they need to keep their children well nourished: Eggs, vegetables and beans among them. Her pitch is abruptly interrupted. For the mothers listening, even those essentials are increasingly beyond their reach….
LAGOS JUNE 30TH (NEWSRANGERS)-The price of a litre of Automotive Gas Oil, also known as diesel, has risen to N280, buoyed by the recent increase in global oil prices and naira devaluation. The PUNCH had reported on February 24, 2021 that some filling stations in Lagos had increased diesel price to N250 per litre, while…
LAGOS JUNE 20TH (NEWSRANGERS)-As double-digit inflation persists in the country, Nigerians, especially the middle class, have called for immediate remedies, lamenting that indeed, the situation has rendered them poorer as indicated by the latest World Bank Nigeria Development Update report. The report, which was made public last Tuesday, had revealed that rising inflation pushed an…