Retailers of Liquefied Petroleum Gas (LNG), popularly known as cooking gas, have decried another round of price hike as the price for refilling 12.5kg cylinder has more than doubled in one year. Data obtained from the National Bureau of Statistics (NBS) showed that the average retail price for refilling a 12.5kg cylinder of cooking gas […]
The accelerating inflation rate in Africa’s biggest economy is pushing millions of small businesses to the brink, with many now unable to continue operations. In one month in Lagos, Nigeria’s commercial nerve centre, at least two micro-business owners have told BusinessDay about their plans to shut down and move into paid employment due to the read more Inflation leaves Nigeria’s MSMEs vulnerable
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