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Nigeria inflation

Abia Community Divided Over Ban On Native Doctors

Abia faces rising tension after the government banned the native doctors’ new yam festival, sparking disputes between cultural leaders and authorities.

Ten Dead Confirmed in Afriland Towers Fire

The Afriland Towers fire in Lagos claimed 10 lives, including staff of United Capital and FIRS, sparking renewed safety concerns

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

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.

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

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.

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.

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.

Soaring Food Prices Hit Nigerian Diets Amid Inflation

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

Latest articles

Abia Community Divided Over Ban On Native Doctors

Abia faces rising tension after the government banned the native doctors’ new yam festival, sparking disputes between cultural leaders and authorities.

Ten Dead Confirmed in Afriland Towers Fire

The Afriland Towers fire in Lagos claimed 10 lives, including staff of United Capital and FIRS, sparking renewed safety concerns

Why Obi Urged Rivers Leaders to Embrace Peace After Crisis

Obi urges Rivers leaders to embrace peace after emergency rule, saying lessons must be learned to prevent future political crises.

Why Citizens Are Excited That Tinubu Restored Fubara

Tinubu lifts emergency rule in Rivers, restoring Governor Fubara and the Assembly. PDP and APC jostle for influence as residents await stability and progress.