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Inflation

Inflation: Nollywood producer Aremu Afolayan slams Osinbajo

NOLLYWOOD actor and movie producer Aremu Afolayan has lamented the fragile state of Nigeria's economy after he allegedly changed 6,500 Dirham into N1 million...

How inflation is driving a new wave of malnutrition in Yemen, Nigeria

By Niyi Oyedeji and Sahar Mohammed SOARING food prices in Yemen and Nigeria are predisposing more households to malnutrition as both countries face insurgency and...

Prices of rice, bread, other food items increased in March – NBS

THE cost of staple food items increased in March, according to the National Bureau of Statistics (NBS). The NBS reported in its Selected Food Watch...
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Food crisis: Cost of preparing pot of jollof rice rises by 7.3 per cent to N8,500 — Report

THE average cost of making a pot of jollof rice for a family of five in Nigeria has risen by 7.3 per cent, from...

Soaring inflation, pressure force Nigerian govt to suspend subsidy removal

CONCERNS over soaring inflation in the country and intense pressure from Nigerians have forced the Federal Government to suspend plans to remove fuel subsidy. Minister...

Nigeria’s inflation rate rises to 15.63%, first increase in eight months

INFLATION rate in Nigeria has increased to 15.63 per cent in December 2021 from 15.4 per cent recorded in November of the same year,...
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Economist predicts $30bn foreign reserves, others flag Nigeria’s debt, monetary policy

CHIEF Executive Officer of the Financial Derivatives Nigeria Company Bismarck Rewane has predicted a dip in Nigeria's foreign reserves to $30 billion in 2022. Rewane,...

Northern group protests insecurity, proposed fuel hike, inflation

THE Coalition of Northern Group (CNG) has protested against the growing insecurity, particularly in the northern part of the country. The CNG was led by...

Recent

AEDC to enforce maximum punishment for vandals, confirms conviction of arrested staff

FOLLOWING concerns of frequent vandalisation of power infrastructure, the Abuja Electricity Distribution Company (AEDC) is set to enforce the...

What CBN’s 13 % lending rate means for dollar speculators, political primaries

THE Tuesday, May 24, 2022 decision by the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meeting that put...

2023: Former Kwara governor’s son emerges SDP guber candidate

By Dare Akogun ABDULHAKEEM Lawal, son of a former governor of Kwara State Mohammed Lawal, has emerged as the flag...

Colleges of Education lecturers issue warning strike notice to FG over unmet demands

THE Colleges of Education Academic Staff Union (COEASU) has issued a 21-day ultimatum to the Nigerian government to meet...

Presidency warns against reprisals over killing of woman, four children in Anambra

THE Presidency has warned against any form of reprisals in the wake of killing of a pregnant woman and...
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