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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Nigeria Can End Terrorism, Kidnapping If… — US Lawmaker

The safe rescue of 100 schoolchildren from St Mary’s Private Catholic Primary and Secondary School in Papiri, Agwara LGA,...
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Inside the C 130 Diversion: What Really Happened Between Nigeria and Burkina Faso

On the morning of 8 December 2025, a Nigerian Air Force C 130 Hercules lifted off from Lagos on...

Inside the Long Walk to Safety: The Story of the 100 Rescued Niger Schoolchildren

When the first group of exhausted pupils from St Mary Catholic School in Papiri stepped into the warm light...

Must read

Nigeria Can End Terrorism, Kidnapping If… — US Lawmaker

The safe rescue of 100 schoolchildren from St Mary’s...

Inside the C 130 Diversion: What Really Happened Between Nigeria and Burkina Faso

On the morning of 8 December 2025, a Nigerian...