Tag:Inflation

Nigeria’s Inflation Rises to 34.80% in December 2024 – NBS

Nigeria’s inflation rate rose to 34.80% in December 2024, a slight increase from 34.60% in November, as the country continues to grapple with economic...

Tinubu presents 2025 budget, says inflation will drop from 34.6% to 15% next year

President Bola Tinubu on Wednesday, presented a total budget of N49.7tn to the joint session of the National Assembly. The budget tagged, “Restoration budget, securing...

Nigeria’s inflation rate hits 29.90% in January

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 29.90 per cent in January 2024 from 28.92 per cent recorded...

3 out of every 10 Nigerians depend on loan apps for food, survival

Three out of every 10 Nigerians now depend on loan apps to buy food and meet other expenses for their survival in the wake...

Naira crashes to all-time record low against dollar

Naira is currently exchanging at an all-time high amount against the US dollar as forex scarcity continues to bring more pain to travellers and...

CBN moves to raise interest rate to new high

There were strong expectations yesterday that the benchmark interest rate will go up as the Central Bank of Nigeria (CBN) begins its two-day policy-decision...

Lebanon Banks to close over increasing demands by depositors for their savings

Financial institutions in Lebanon are planning to shut down for three days amid increasing demands by angry depositors for their savings. On Friday morning, five...

Why Nigerians should appreciate my borrowings- Buhari

President Muhammadu Buhari says Nigerians should appreciate massive borrowings by his regime because it provides resources to meet socio-economic needs of citizens. “While citizen concern...

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Nigeria’s 2027 Poll Map Turns Green as Tinubu Takes 21 States

Obi, Atiku grab eight each as 69,110 response poll reveals a three way political battle Nigeria's political map has emerged...
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NAFDAC Uncovers New Fake Goods Network Operating Inside Nigeria

The National Agency for Food and Drug Administration and Control has raised a fresh alarm over the spread of...

FIFA Halts NFF Election, Heads to Abuja Over Nigeria Football Crisis

…Governing body says no decision yet on Nigeria’s next football leadership World football governing body FIFA has suspended further steps...

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Nigeria’s 2027 Poll Map Turns Green as Tinubu Takes 21 States

Obi, Atiku grab eight each as 69,110 response poll...

NAFDAC Uncovers New Fake Goods Network Operating Inside Nigeria

The National Agency for Food and Drug Administration and...