The World Bank has disclosed thatt rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023. This is according to t...
The IMF has provided projections for Nigeria’s economy, indicating a significant shift in inflation rates. This is according to a recent rele...
It is now public knowledge that the Naira has appreciated marginally from as low as N1900/$ to N1,100/$, as of Tuesday. However, Nigerians are yet ...
Nigerian manufacturers has disclosed that the high cost of diesel is why the prices of goods are high in Nigeria. Segun Ajayi-Kadir, the Director G...
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 according to the latest data from the National Bureau of Statistics (NBS...
Senate Leader, Opeyemi Bamidele has predicted a fall a significant fall in the rate of inflation in the country by the middle of 2024, citing current ...
Importers and exporters operating at the Eastern ports of the country have expressed concern over an alleged 200 per cent increase in the haulage rate...
The Presidency has assured that the multi-faceted approach put forward by Tinubu’s administration in defending the Naira against currency racket...
The Federal Government has flagged-off the release 42,000 metric tonnes (MT) of Assorted Food Commodities from the National Strategic Food Reserve (NS...
Stakeholders have urged the Federal Government to implement policies that will tame the accelerating inflation in the country. Speaking during an i...
Dr Chijioke Ekechukwu, an economist, has disclosed that Foreign Exchange (Forex) is not the only determinant of high prices of goods and services...
The Association of Bureaux de Change Operators of Nigeria has disclosed that the appreciation of the naira has led to a relative decrease in the ...
Since the removal of fuel subsidies in Nigeria, the nation finds itself grappling with unprecedented economic challenges. The policy, which has result...
Muhammad Sani Abdullahi, the Deputy Governor of the Economic Policy Directorate of the Central Bank of Nigeria (CBN), has disclosed that Nigeria&...
Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in t...