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Inflation in Nigeria

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Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...
News

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...
News

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 to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...
News

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...
Business

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...
News

Nnamdi Kanu Appeals Life Sentence, Seeks Quashing of Terrorism Conviction

KEY POINTS Nnamdi Kanu has personally filed an appeal to quash his life sentence...

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