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Inflation in Nigeria

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Lagos market generates N281bn in 2025 despite slowdown

Lagos's short-let market closed 2025 with N281 billion in revenue, falling short of earlier projections as rising supply squeezed occupancy rates despite steady underlying demand.
News

Ozoro Community Denies Rape Allegations, Blames Youth Misconduct for Festival Harassment

KEY POINTS Ozoro community leaders denied rape allegations at the Alue-Do festival, saying only...
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Tinubu’s Economic Reforms Under Fire as Labour Slams Scorecard

Labour unions say Tinubu’s economic reforms have worsened hardship, citing inflation, insecurity, and failed promises after two years in office.
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Nigeria 2025: Deepening Poverty and Economic Hardship

Budget short falls, inflation and a decline in manufacturing is what the economic experts foresee this year, 2025, which shall be deeper poverty for the average Nigerian
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Nigeria’s Economy Deemed ‘Dysfunctional,’ Failing to Meet the Needs of 220 Million Citizens

Nigeria’s economy is deemed dysfunctional, with experts warning that poor governance, inflation, and unemployment are preventing it from serving its 220 million citizens effectively.
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Nigerian Banks Hire More Staff, Double Wage Bills Amid Rising Inflation

Nigerian banks are doubling their wage bills and increasing staff in response to inflation, with First Bank’s personnel expenses rising 45% as operational costs soar.
Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
Business

Moderating Inflation: How Harvest Season Eases Pressure Amid Fuel Price Hikes in Nigeria

Nigeria’s inflation rate eased to 32.15% in August 2024, thanks to the harvest season. However, fuel price hikes continue to pose a threat to stability.
News

Nigeria Ranks 5th Among African Nations Hit Hardest by Cost of Living Crisis

Nigeria ranks fifth among African countries hardest hit by the cost of living crisis, with inflation, currency devaluation, and supply chain disruptions driving up the prices of essential goods and services.
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Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...

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News

Lagos market generates N281bn in 2025 despite slowdown

Lagos's short-let market closed 2025 with N281 billion in revenue, falling short of earlier projections as rising supply squeezed occupancy rates despite steady underlying demand.
News

Ozoro Community Denies Rape Allegations, Blames Youth Misconduct for Festival Harassment

KEY POINTS Ozoro community leaders denied rape allegations at the Alue-Do festival, saying only...
News

Tinubu Signals Economic Recovery, Secures £746m Lagos Port Deal to Boost Trade and Investor Confidence

KEY POINTS President Tinubu says Nigeria has moved past economic uncertainty and is on...
News

Netanyahu claims Iran can no longer enrich uranium or build missiles as US-Israel strikes enter day 20

Israeli Prime Minister Benjamin Netanyahu declared Iran incapable of enriching uranium or producing ballistic missiles after 20 days of strikes.

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