Tag:Inflation

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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Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded major gain in his wealth while Abdul Samad Rabiu saw...
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Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...

Cybersecurity Expert, Dr. Ibrahim Waziri Jr, others appointed into FG’s Digital Health Committee

The Nigerian Federal Government has taken a significant step towards digitizing and transforming its healthcare sector by appointing a...

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Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded...

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized...