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Inflation in Nigeria

EFCC Fumes Over Speaker’s $18,000 Mentorship Fee Demand

The EFCC warns Nigerians after a motivational speaker demanded $18,000 for mentorship, raising concerns about dollarization and Ponzi scheme traces

Gunmen Abduct 20 Passengers Traveling on Nigerian Waterways

Gunmen abducted 20 passengers traveling on Nigerian waterways, raising alarms about rising pirate activity in the region.

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.

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.

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.

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.

Nigerian Families Grapple with Triple Economic Crisis

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

Latest articles

EFCC Fumes Over Speaker’s $18,000 Mentorship Fee Demand

The EFCC warns Nigerians after a motivational speaker demanded $18,000 for mentorship, raising concerns about dollarization and Ponzi scheme traces

Gunmen Abduct 20 Passengers Traveling on Nigerian Waterways

Gunmen abducted 20 passengers traveling on Nigerian waterways, raising alarms about rising pirate activity in the region.

Tribunal Upholds $220 Million Fine on Meta and WhatsApp

The Nigerian tribunal confirmed a $220 million fine on Meta and WhatsApp for consumer law violations.

Bode George Dismisses Fears Over PDP Defections

KEY POINTS Bode George insisted that recent defections from the PDP to the APC,...