The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.
Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.
The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.