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Nigeria inflation

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

Defence Minister Praises Troops for Foiling Benin Coup Attempt

Nigeria’s Defence Minister praised troops for their rapid role in stopping Benin’s coup attempt, calling it proof of Nigeria’s regional security role.

Nigerian Bonds Yield Drops as Inflation Slows

Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.

Nigeria’s Inflation Drop Fails to Ease Household Pressures – CPPE

Nigeria’s inflation slowdown offers minimal household relief as structural inflation pressures persist, according to CPPE, which warns deeper reforms are urgently required.

World Bank Dismisses Nigeria’s Single-Digit Inflation Target

The World Bank says Nigeria’s single-digit inflation target is unrealistic given structural deficits and volatile food and currency markets.

Breaking: CBN Cuts Monetary Policy Rate to 27% Amid Inflation Concerns

CBN lowers benchmark interest rate to 27 percent, signaling a potential shift in monetary policy amid easing inflation concerns.

Nigeria’s Inflation Set to Decline to 26 percent in 2025 – PwC

According to PwC projections for 2025 Nigeria's inflation rate should reach 26% while GDP growth remains modest and exchange rates stabilize.

Nigerians Are Suffering, Bode George Slams Tinubu’s Policies

Nigeria’s economic woes are worsening and hunger and inflation are rising, veteran politician Bode George accuses Tinubu.

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.

Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts

Impact of Inflation on Small Business Owners in Nigeria

Inflation is affecting small businesses in Nigeria, from rising costs to reduced profits. Learn how entrepreneurs are adapting to survive in tough times.

Reps Urge Federal Government to Review Multiple Taxation Policies

The House of Representatives has called for a review of Nigeria’s tax policies to reduce multiple taxes and financial strain on citizens, urging alternative revenue strategies.

Nigeria’s Inflation Rate Falls to 32.15 Percent in August 2024

Nigeria's inflation rate eased to 32.15 percent in August 2024, reflecting a slowdown for the second consecutive month despite high food inflation

Food Prices Double, Protests Escalate: Nigeria’s Cost of Living Crisis Hits Hard

Nigeria faces its worst cost of living crisis in decades, with inflation soaring, food prices rising, and protests erupting over government reforms

Latest articles

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

Defence Minister Praises Troops for Foiling Benin Coup Attempt

Nigeria’s Defence Minister praised troops for their rapid role in stopping Benin’s coup attempt, calling it proof of Nigeria’s regional security role.

Helios Sets $116 Million Deal for Frigoglass Nigeria

Helios moves to acquire Frigoglass’ Nigeria operations in a €100 million deal, marking a new phase in Tope Lawani’s expansion strategy

Remi Tinubu Dismisses Criticism of Adeleke Exchange

Remi Tinubu rejects criticism of her exchange with Governor Adeleke at the Ooni’s event, calling the reaction an unnecessary public controversy