Bismarck Rewane, a popular economist and the Executive Director of Financial Derivatives has alleged that some civil servants bought 50kg bags of rice at N40,000 and resold it at N85,000.

Ration shop salesman suspended for selling 50 kg rice without ration card, following social media video and inquiry.

The price of rice is projected to rise in 2025 due to an N1.43 trillion shortage from low production despite predictions from ...

The relief that households experienced just a few weeks ago as the price of rice especially the short grains crashed to as low as N65,000-N67,000 per 50kg bag has been replaced with despair as the ...