Vice-President Kashim Shettima has said the Federal Government’s ongoing efforts to strengthen the country’s trade sector is showing promising results, as Nigeria recorded N6.5 trillion trade balance in second...
inflation
The Democratic Front (TDF) has welcomed Fitch Ratings’ projection that Nigeria’s inflation rate would decrease from 33.7 per cent to 26.2 per cent by Q1 2025. The group, in...
The National Bureau of Statistics (NBS) reports that prices of essential food items, including beans, eggs, bread, rice, and tomatoes, experienced significant increases in September 2024. The NBS said...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on Thursday in Abuja...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate further declined to 32.15 per cent in August 2024. The NBS said this in its Consumer Price Index...
The National Bureau of Statistics (NBS) on Thursday said the Nigeria’s headline inflation rate declined to 33.40 per cent in July. This is contained in the NBS Consumer...
Hotel Owners Forum Abuja (HOFA) has blamed the high lodging charges in hotels in the Federal Capital Territory (FCT) on the recent hike in electricity tariff. The President...
Canteen and restaurant owners have decried the rising cost of beans as they seek Federal Government’s intervention over the staple food. The food vendors said this in separate...
The Abuja Chamber of Commerce and Industry (ACCI), has expressed deep concern over the persistent rise in commodity prices. The ACCI President, Emeka Obegolu, in a statement, said...
The National Bureau of Statistics (NBS) has said Nigeria’s headline inflation rate increased to 33.95 per cent in May 2024. The NBS said this in its Consumer Price...
The new Senegalese government has unveiled measures to reduce the price of rice, oil, bread, and other basic items to address cost-of-living concerns amid high unemployment and inflation. The...
The National Bureau of Statistics (NBS), says prices of rice, garri, tomato, beans, yam and other food items increased in April 2024. The NBS said this in its...
The National Bureau of Statistics (NBS) says Nigeria’s headline inflationgf rate increased to 33.20 per cent in March 2024. The NBS said this in its Consumer Price Index...
The International Monetary Fund (IMF) says inflation is easing faster than expected but has not been fully defeated. Managing Director of IMF, Kristalina Georgieva,was quoted in a statement...
Chief Whip of the Senate, Sen. Ali Ndume, has urged the Federal Government to reconsider its position on hike in electricity tariff, saying Nigerians are yet to recover...
The Central Bank of Nigeria (CBN) on Tuesday announced further tightening of the monetary policy by raising the Monetary Policy Rate (MPR) by 200 basis points, to...
An Oil and Gas expert, Mr Emmanuel Iheanacho, has said the improvement observed in the value of the naira, would not bring about an automatic reduction of petroleum...
By ARMSTRONG ALLAHMAGANI, Bauchi – Bauchi State Governor, Bala Mohammed, has said that his administration has procured 110,000 bags of grains as Ramadan palliatives for distribution to vulnerable...
By PATRICK ABANG, Càlabar – A Financial expert, James Etudor, says the use of bitcoin as a hedge unlike traditional currencies has a capped supply making resistance to...
