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Inflation in Nigeria

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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
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Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
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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.
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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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Troops rescue 53 hostages and dismantle ISWAP roadblock in Borno

Soldiers of Operation Hadin Kai dismantled an ISWAP roadblock near Buratai in Borno, freeing 53 trapped civilians and recovering eight vehicles the insurgents had seized.
News

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.
News

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.
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Nigeria signals fresh review of N70,000 minimum wage

Nigeria's government says it will reassess the N70,000 minimum wage soon, arguing that the figure no longer reflects the rising cost of living nationwide.