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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Netizens Knock VeryDarkMan Over Dangote Shares Claim, Say ₦18,000 Investment Story Incomplete

Social media influencer Martins Vincent Otse, popularly known as VeryDarkMan, has come under criticism after using a 2007 investment...
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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...

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...

Must read

Netizens Knock VeryDarkMan Over Dangote Shares Claim, Say ₦18,000 Investment Story Incomplete

Social media influencer Martins Vincent Otse, popularly known as...

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

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