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Category: General

Business

Tilewa Adebajo: After A Period of Disequilibrium, Nigeria’s Economy Now Returning To Point of Equilibrium

<p>"There's $60bn to $65bn potential of capital importation into Nigeria on a yearly basis," says Tilewa Adebanjo. </p> <p>The post <a rel="nofollow" href="https://www.arise.tv/tilewa-adebajo-after-a-period-of-disequilibrium-nigerias-economy-now-returning-to-point-of-equilibrium/">Tilewa Adebajo: After A Period of Disequilibrium, Nigeria’s Economy Now Returning To Point of Equilibrium</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 6 min read
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General

Explosion Attributed To Boko Haram Extremists Claims Lives Of Seven Chadian Soldiers

<p>A Boko Haram resurgence in Chad could affect the presidential election in May. </p> <p>The post <a rel="nofollow" href="https://www.arise.tv/explosion-attributed-to-boko-haram-extremists-claims-lives-of-seven-chadian-soldiers/">Explosion Attributed To Boko Haram Extremists Claims Lives Of Seven Chadian Soldiers</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 1 min read
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General

Current Carton Price Of Noodles As Naira Continues To Rise Against The Dollar

<p><img width="1000" height="600" src="https://www.naijanews.com/wp-content/uploads/2023/05/Indomie-Noodles-1000x600.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Indomie: NAFDAC Issues Fresh Verdict On Consumption Of Noodles" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2023/05/Indomie-Noodles-1000x600.jpg 1000w, https://www.naijanews.com/wp-content/uploads/2023/05/Indomie-Noodles-590x354.jpg 590w, https://www.naijanews.com/wp-content/uploads/2023/05/Indomie-Noodles-400x240.jpg 400w" sizes="(max-width: 1000px) 100vw, 1000px" /></p> <h2>Recent checks by Naija News have indicated a notable drop in the price of <a href="https://naijanews.com/topic/indomie/">Indomie noodles</a>, a staple food item consumed by many Nigerians.</h2> <p><strong>Naija News</strong> reports that this price reduction marks the second decrease within the week, <a href="https://www.naijanews.com/2024/03/13/prices-of-indomie-sugar-rice-beans-other-food-items-drop/">following an initial dip</a>, as the Nigerian Naira gains strength against the US dollar.</p> <p>Upon assuming office, President Tinubu made the significant decision to eliminate the fuel subsidy, leading to a dramatic increase in fuel prices from approximately N189 per litre to over N600.</p> <p>This decision, while aimed at stabilizing the country's economic landscape, initially contributed to a sharp rise in inflation, affecting prices across a broad spectrum of commodities, including essential food items like noodles, rice, and other kitchen staples.</p> <p>The resultant financial strain has impacted Nigerian households, making bulk purchases of such necessities increasingly challenging.</p> <p>However, a recent turn of events has seen a slight alleviation in these pressures, with the Naira's appreciation against the dollar reducing the prices of various commodities.</p> <p>Specifically, the price of a carton of Indomie noodles has further declined.</p> <p>The Indomie Super Pack, previously priced at N14,700, is now available for N12,000. Similarly, the regular chicken flavour pack, once sold for N8,900, has dropped to N7,500.</p> <p><strong>The current prices for different Indomie variants are as follows:</strong></p> <p>Indomitables: N7,500<br /> Onions: N8,100<br /> Superpack: N12,200<br /> Hungryman: N11,200<br /> Belleful: N11,500</p> <p>The post <a href="https://www.naijanews.com/2024/03/27/current-carton-price-of-noodles-as-naira-continues-to-rise-against-the-dollar/">Current Carton Price Of Noodles As Naira Continues To Rise Against The Dollar</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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