HomeTagsInflation

inflation

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...

Economy: Experts Question Federal Government’s Positive Assessment

Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.

Nigeria’s Inflation Crisis Pushes Workers and Employers to the Edge

Nigeria’s inflation crisis is eroding wages and threatening jobs, NECA warns, urging government action to stabilize businesses and protect workers.

Silent Profiteers: How Nigeria’s Inflation Crisis is Making the Rich Richer

KEY POINTS Nigeria’s inflation crisis is enriching politically connected importers, wholesalers, and landlords who...

The Quiet Exodus: Why Nigeria’s Middle Class is Trading City Lights for Rural Living

KEY POINTS Rising inflation, insecurity, and urban stress are driving middle-class Nigerians to relocate...

The Owambe Economy: Celebrating Through Crisis in an Era of Soaring Inflation

KEY POINTS Despite soaring inflation, Nigeria’s owambe celebrations remain widespread, with families spending millions...

Five Nigerian Cities Experiencing the Fastest Rising Cost of Living in 2025

KEY POINTS Lagos, Abuja, Port Harcourt, Uyo, and Jos are the top five Nigerian...

Latest articles

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.

Faleke backs Hamzat for Lagos 2027 governorship seat

Rep. James Faleke publicly backed Lagos Deputy Governor Obafemi Hamzat for the Lagos 2027 governorship on Friday.

Banditry turned Kwara farming communities into ghost towns, displacing 20,000 residents

Across Kwara's rural belt, farming villages that once sustained families for generations now sit empty, silenced by banditry, kidnapping and fear.