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Nigeria inflation

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Court Clears Woman, Company of N22.9bn Money Laundering Charges Linked to Dasuki

KEY POINTS A Federal High Court in Abuja acquitted Isabella Mimie Oshodin and her...
News

Nigeria Immigration Service Suspends Officers Over Alleged Extortion at Lagos–Seme Border

K KEY POINTS Senior immigration officers at the Lagos–Seme border were suspended over alleged extortion...
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

Court Clears Woman, Company of N22.9bn Money Laundering Charges Linked to Dasuki

KEY POINTS A Federal High Court in Abuja acquitted Isabella Mimie Oshodin and her...
News

Nigeria Immigration Service Suspends Officers Over Alleged Extortion at Lagos–Seme Border

K KEY POINTS Senior immigration officers at the Lagos–Seme border were suspended over alleged extortion...
News

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.
News

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.