BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend. The price increase by BUA is contrary to what he has repeatedly asserted that his company does not have any justification to increase the price of cement as it is currently making enough returns. It would be recalled that BUA Cement, in various statements issued between April 24 and June 18 this year, had refuted any claims of increase in the ex-factory price of its cement products by N300 per bag, stating that, “the company had no plans to increase prices of its cement now or in the near future.” According to a statement issued on April 24, 2021, the company stated that, “...
The number of small businesses keeps growing in the formal and informal sectors of the Nigerian economy, due to the role of small businesses as the live-wire of any economy and the backbone of major developed economies the world over. Though Nigeria rely majorly on oil and revenues derived from it, from context observation the economy is largely supported by small businesses covering almost all spheres of activities within the country, ranging from Nano, kiosk, and Micro businesses most importantly. A visible reference usually includes the vulcanizers, corner shop owners, single retail marketers, repairers, painters, business center operators, restaurants, market women, and men in the various open markets, among others. and the formal operations such as the law firms, accounting firms, con...
Pete Edochie raises concern over increased cosmetic surgeries among ladies
Veteran Nollywood actor, Pete Edochie, has expressed concerns about the increasing patronage of cosmetic surgeries by Nigerian ladies. The veteran thespian, via a video posted on his Instagram page, asked why young ladies seem obsessed with boob and butt enlargement surgeries. During an interview with Adakarl TV, Edochie said, “Today, it is difficult to find a girl who is still what she is. They wear false hair, false lashes, false boobs, false bum, I do not know what is still natural about you, let’s be honest. Why must our girls be obsessed with these things, I don’t know.” He further noted that he knows he might receive some tongue-lashing over his comment. “I would want them to insult me and tell me why they are obsessed with those things. I might be insulted, but I mean, I am used to ...