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Nigeria’s inflation rises to 33.95%

Nigeria’s headline inflation rate has increased to 33.95 percent in May.The National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI)...
Business

Naira Falls 221%, Inflation Hits 33.6%- How Tinubu’s Monetary Policy Failed To Renew Hope Of Nigerians

Muhammed, a civil servant at the Ministry of Agriculture almost lost his temper after buying 25 pieces of pepper for N1000 after the sellers...
Business

Why We Are Not Paying Attention To Unemployment- CBN

The Central Bank of Nigeria said it is paying less attention to policies that will trigger employment opportunities because of inflation.The Acting Director, of...
Business

Stuck In Debt: Under Pressure By Rising Prices, Small Businesses Struggle To Stay Afloat

Mrs. Patricia Nwama started her small business, Devine Grace Provision Stores, around 2012 which she built from scratch, but the entrepreneur is highly indebted...
News

Why Minimum Wage Should Be Reviewed Annually— NLC

The President of the Nigeria Labour Congress, Joe Ajaero has said that the national minimum wage should be reviewed annually to enable workers to...
Business

Hardship May Worsen As Food Inflation Hits All Time High Of 35.41%

Nigeria’s inflation rate has risen to a record 29.90 per cent in January, principally driven by the high cost of food and non-alcoholic beverages,...
Business

Why Inflation Has Defied All Measures Put In Place By CBN, Agric Ministry— Expert

Some economic and financial experts have revealed why the country’s inflation has defied all measures put in place to curtail its consecutive surge under...
Business

BUSINESS ROUNDUP: Nigeria’s inflation rate now 28.2%; Cash scarcity persists, banks limit withdrawals; Other stories

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market...
Business

JUST-IN: Food Inflation Hits 31.5% As Rent, Electricity Bills Soar

Nigeria’s inflation rate has risen to a record 27.33 per cent in October, principally driven by the high cost of food and non-alcoholic beverages,...
Business

BUSINESS ROUNDUP: Inflation rate hits 26.72%; Tinubu eyes $1.5bn World Bank loan; Other stories

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market...
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