Net loss at the country’s foremost beer-maker Nigerian Breweries came to N57.2 billion for the first three quarters of the year. The loss represents the biggest...
The World Bank recently issued a concerning report about the impact of inflation on Nigeria’s population. According to the report released on Thursday, an estimated 7.1...
Nigeria’s inflation rate has climbed to 22.41 percent in May 2023 from 22.22 percent in the previous month. This is according to the consumer price index...
As growing inflation renders them costly in a nation where more than half of the 200 million people struggle to make ends meet, Nigerian businesses have...
A week before the President Muhammadu Buhari’s exit from office, the BBC, in an analysis, says the President is leaving behind legacies of kidnapping and mounting...
Nigeria’s headline inflation rate rose to 21.09% in October 2022, 5.09% points higher than the rate recorded in October 2021, which was 15.99%. Meanwhile, the food...
Operatives of the Economic and Financial Crimes Commission, EFCC, raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid...
The International Monetary Fund has said Nigeria and other countries in the Sub-Saharan African region risk social and political instability and worsening food insecurity because of...
The National Bureau of Statistics (NBS) has on Monday informed the nation that headline inflation rose to 15.36 per cent in December 2021. This is following...
Fresh figures from the National Bureau of Statistics (NBS) have revealed that the Consumer Price Index which measures inflation rate declined to 17.01 per cent in...
Inflation rate has declined for the third time running in 20 months – the consumer price index which measures inflation now stands at 17.75 percent (year-on-year)...
Inflation rate has declined for the second time running in 20 months – The consumer price index which measures inflation dropped for the second consecutive and...
