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News

NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
Business

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
News

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.
News

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.
Business

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
Society

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
News

Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
News

More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
News

CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.
News

Nigeria Battles Soaring Food Prices, Experts Warn Against Price Controls

Amidst Nigeria's alarming food inflation, experts caution against price controls, advocating for strategies to enhance supply and stabilize the economy sustainably.
News

Inflation Hits Nearly 30%, Highest Since 1996

Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.
Business

Soaring Food Prices Hit Nigerian Diets Amid Inflation

With inflation hitting 30% and the Naira trading at 1000/$, over 90% of Nigerians...

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News

NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
News

Trump’s Energy Policies May Affect Nigerian Exports, Revenue

Trump U.S. energy policy shifts could reduce Nigerian crude oil exports, cash flow. They are calling for domestic refining investments.
Business

The Gig Economy in Nigeria: Opportunities and Challenges for Freelancers

Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.

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