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Nigeria inflation

Politics

Hamzat Wins Lagos APC Governorship Ticket With Over 657,000 Votes

KEY POINTS Lagos Deputy Governor Kadri Obafemi Hamzat won the APC governorship primary with...
News

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
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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Politics

Hamzat Wins Lagos APC Governorship Ticket With Over 657,000 Votes

KEY POINTS Lagos Deputy Governor Kadri Obafemi Hamzat won the APC governorship primary with...
News

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
News

Lagos Judiciary Mourns as Justice Josephine Oyefeso Dies at 65

KEY POINTS Lagos State High Court judge Josephine Efunkumbi Oyefeso has died at the...
News

APC Postpones Kwara Governorship Primary as Consensus Emerges for Seriki

KEY POINTS APC in Kwara State postponed its governorship primary from Thursday to Friday,...