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Nigeria inflation

Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Politics

APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.
News

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.
News

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.
News

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.
News

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.
News

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.
News

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
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
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Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Politics

APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.
News

DSS Arraigns El-Rufai Over Alleged Interception of Ribadu’s Phone Conversation

KEY POINTS DSS arraigned Nasir El-Rufai on a five-count charge over alleged phone interception...
Politics

Akpabio backs Tinubu’s $516m superhighway loan, orders one-week review

Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.