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Inflation in Nigeria

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How Seriki Gambari built Kursi into a gold mining power

Abdulfatai Yahaya Seriki Gambari started mining in Nigeria as a teenager and built Kursi Investments into the country's largest indigenous gold operation.
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NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
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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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How Seriki Gambari built Kursi into a gold mining power

Abdulfatai Yahaya Seriki Gambari started mining in Nigeria as a teenager and built Kursi Investments into the country's largest indigenous gold operation.
News

NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
News

Troops rescue 13 kidnapped Benue bus passengers including UTME candidates from forest

Nigerian Army troops have rescued 13 passengers kidnapped from a Benue Links commercial bus, including eight UTME candidates, from a forest in Ohimini Local Government Area.
Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.