The poor cry out as prices of locally produced rice hit unexpected heights

Insecurity, erratic rainfall, the removal of the fuel subsidy, high demand and lack of timely support from the government blamed for sudden rise in the price of locally produced rice. […]

It’s power to the people of the Kaga, Gubio and Magumeri districts after 10-year blackout

Light at the end of a very long and dark tunnel as businesses are picking up, cold drinking water and soft drinks are on hand and people can recharge their […]

New-look Maiduguri Monday Market up and running again

Governor waivers rent for two years for 8,000 traders and gives ₦800 million to 2,825 who did not get a shop, promising them a place in a new market expected […]

No such thing as a free ride for many of Borno State farmers

Maiduguri farmers say the free bus rollout plan is not working properly and many have to pay tricycle riders to take them to and from their lands. Farmers have criticised […]

Trade between Nigeria and Niger at a standstill because of coup

Sanctions imposed on Niger are having a negative effect on business activities and are taking a heavy toll on traders in the northern parts of Nigeria

Borno State traders suspicious about four fires that broke out during election time and gutted their shops and stalls

Having stocked up on goods for the holy month of Ramadan, traders were left with nothing as four fires ripped through markets in Borno State.

Traders lose everything in massive inferno that engulfed Maiduguri’s Monday Market

Devastated traders try desperately to retrieve valuable wares worth hundreds of millions but end up getting severely burnt and not being able to retrieve anything because of the furious flames. […]

Prices of all commodities – particularly food – are being slashed because of the scarcity of new naira notes in northeast rural areas

Traders in the rural parts of northeastern Nigeria are begging the government to do something urgently to stop the scarcity of the newly redesigned ₦1,000, ₦500 and ₦200 notes because they are being forced to sell their wares for next to nothing

Central Bank of Nigeria extends deadline for people to swap their old naira notes for the new ones

The Central Bank of Nigeria (CBN) announced on Sunday, January 29, that it was extending the deadline for citizens to swap their old ₦200, ₦500 and ₦1,000 notes for the newly redesigned notes from January 31 to February 10.

Doom and gloom as severe economic crisis threatens

Doom and gloom as severe economic crisis threatens

Global growth is slowing sharply, with the worldwide economic output projected to be just 1.7% this year, according to the latest analysis from the World Bank Group.