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Nigeria’s inflation rises to 34.60 percent

Nigeria’s inflation rate spiked to 34.60 percent in November.The country’s inflate rate stood at 33.88 per cent in October.The National Bureau of Statistics (NBS)...

Business

CBN to deploy all tools to curb inflation —Cardoso

The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso has reiterated the willingness of the apex bank to deploy all tools to...

Business

Cardoso Vows To Bring Down Inflation As CBN Reforms Bolster Investors Confidence

The Central Bank of Nigeria (CBN) has said that it is ready to deploy all available tools to manage inflation effectively as the current...

Business

IMF Cautions CBN, Others Against Aggressive Interest Rate Hikes

The International Monetary Fund (IMF) has cautioned central banks against aggressive interest rate hikes in their effort to tame rising inflation.The Washington-based lender advised...

Business

Fiscal, Monetary Policy Coordination Will Curb Inflation-Edun

In a bold move to revitalize Nigeria’s economy, the Federal Government has convened a two- day groundbreaking Renewed Hope Agenda workshop, championing coordination between...

News

Our struggle is about improving living conditions for Nigerians, not just wages —NLC

The Nigeria Labour Congress (NLC) has refuted claims that its ongoing confrontations with the government are solely focused on wage issues. Instead, the NLC...

Business

Despite FG’s efforts, prices of food items still high in July —Reports

Despite the several measures put in place by the federal government of Nigeria to cushion the rising cost of food items, a fresh report...

Business

Nigeria’s inflation rate drops to 33.40% in July, first in 19 months

For the first time since December 2022, Nigeria’s headline inflation rate decreased to 33.40 per cent in July 2024, fresh data from the National...

Business

FCCPC moves to tackle exploitative pricing amid soaring inflation

The Federal Competition and Consumer Protection Commission (FCCPC) is set to engage key players in the supply and distribution chain to address the issue...

Business

Price of yam, tomatoes, beans, others surge by over 250% since 2023 —NBS

In a development that has further worsened the economic conditions of Nigerians, the prices of staple food items like beans, yam, tomatoes, potatoes and...

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