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Nigeria inflation

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Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.
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Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.
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CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
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Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.
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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.
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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.
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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.
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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.
Business

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.
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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.
Business

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.
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
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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.
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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.
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Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.
News

Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.
News

Security forces rescue 176 women and children kidnapped from Kwara’s Woro community

Security forces have rescued 176 women and children who spent six months in captivity after suspected Boko Haram terrorists abducted them from Woro community in Kwara State
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EFCC freezes Osun state statutory allocation account 10 days before governorship election

The EFCC has directed First Bank to place a Post-No-Debit restriction on Osun State's statutory allocation account, 10 days before the August 15 governorship election.