Tag:Inflation

INFLATION: US raises interest rates by 50 points

The United States Federal Reserve (Fed) has raised its interest rate by 50 basic points — the biggest hike since 2000 — in an...

Nigeria risks 3rd recession, NACCIMA warns FG

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal Government to urgently implement policies to prevent...

Why food prices may rise in 2022 – AFAN

All Farmers Association of Nigeria (AFAN), Oyo State chapter, has expressed fears that prices of food may rise in 2022, given the exorbitant prices...

Nigeria records 3.4% GDP growth

Nigeria’s Gross Domestic Product grew by 3.98 per cent in the fourth quarter of 2021. This is the strongest growth since 2014, according to the...

Higher inflation looms over N212.61 petrol hike

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced an increase in the price of Premium Motor Spirit (PMS), otherwise called petrol, to N212.6...

Inflation hits highest rate since 2017

The consumer price index which measures inflation increased by 16.47 per cent (year-on-year) in January 2021. This is the highest figure recorded in the country...

Nigeria’s foreign capital sinks to lowest level in four years

Foreign capital flow into Nigeria plummeted by more than half in 2020 to $9.68bn, its lowest level in four years, the National Bureau of...

Nigeria’s inflation soars to 15.75%

The inflation rate in Nigeria jumped in December to its highest level in more than three years, data released on Friday by the National...

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Christmas Beyond Celebration: Inside Engr. Eric Anyamene’s Community Interventions in Idemili

For many communities across Idemili North and South Local Government Areas of Anambra State, the 2025 Christmas season delivered...
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Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC

The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition...

Enzo Maresca Bids Emotional Farewell to Chelsea as Rosenior Era Begins

Enzo Maresca has finally broken his silence. Hours after Chelsea confirmed Liam Rosenior as his successor, the former Blues boss...

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Christmas Beyond Celebration: Inside Engr. Eric Anyamene’s Community Interventions in Idemili

For many communities across Idemili North and South Local...

Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC

The Chairman of Dangote Industries Limited (DIL), Aliko Dangote,...