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inflation

Herdsmen Occupy 44 Farm Settlements in Enugu’s Eha-Amufu

KEY POINTS Armed herdsmen now control 44 farming settlements across five autonomous communities in...

President Tinubu Extends Immigration CG Kemi Nandap’s Tenure Till 2026

KEY POINTS President Tinubu extends Kemi Nandap’s tenure as NIS Comptroller-General to December 2026,...

High Food Prices Strain Nigerians’ Incomes

High food prices in Nigeria are placing significant strain on household incomes, exacerbating economic challenges across the country.

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

NLC Threatens to Demand N1 Million Minimum Wage Amid Inflation Crisis

The Nigeria Labour Congress (NLC) has warned that it may push for a new...

Kano Cracks Down on Food Hoarders Amid Inflation Crisis

Kano, Nigeria - The Kano State Public Complaints and Anti Corruption Commission has seized...

Tinubu’s Government Vows to Tackle Inflation and Insecurity

The Federal Government of Nigeria has announced a series of measures to address the...

Nigeria’s Economic Turmoil: Inflation, Deficit Woes Deepen

Nigeria struggles with economic instability, facing inflation, currency issues, and fiscal deficits, as the government seeks ways to navigate the crisis.

Nigeria’s Poverty Rate Soars Despite Economic Reforms

Nigeria, Africa's largest economy, is facing a paradox. On one hand, the government has...

How Nigeria’s Economic Woes Force Manufacturers to Sell on Credit

Nigeria’s manufacturers are struggling to cope with the effects of the government’s economic reforms,...

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...

Nigeria’s Economy Grows Amid Inflation, with Non-Oil Sector Leading

Non-oil sector's 94.52% contribution leads Nigeria's Q3 economic growth.

Nigeria’s Inflation Hits New High, Food Prices Soar

Nigeria’s inflation rate has risen for the 10th consecutive month, reaching 27.33% in October,...

Latest articles

Herdsmen Occupy 44 Farm Settlements in Enugu’s Eha-Amufu

KEY POINTS Armed herdsmen now control 44 farming settlements across five autonomous communities in...

President Tinubu Extends Immigration CG Kemi Nandap’s Tenure Till 2026

KEY POINTS President Tinubu extends Kemi Nandap’s tenure as NIS Comptroller-General to December 2026,...

Project Diversion: Amosun Accuses Ogun Senator Adeola

Amosun accuses Ogun Senator Adeola of misrepresenting project funding for the Ake Pavilion, with Adeola’s camp explaining the budgetary context and denying any diversion.

Okpebholo Visits Kano Families of Victims Killed in Edo Attack

Governor Okpebholo visits Kano victims' families, assures justice after the Uromi killings