Price of foodstuff have continued to gallop in the bush markets of Benue State, the supposed Food Basket of the nation.Benue, one of the highest producers of yam, cassava and soya bean, ranks among states with the cheapest food prices in the country.

The Nigerian government may be considering clamping down on cryptocurrency trading platforms to stabilise the naira amid a foreign exchange crisis.

Inflation in Canada fell to 2.9 percent in January, leapfrogging forecasts after a small uptick the previous month, the national statistical agency said Tuesday.

The Federal Government’s efforts to bridge the infrastructure gaps through the private sector under the tax credit scheme have gulped over N3.96 trillion in five years.

The Ohanaeze Youth organization has launched a strong defence of former Central Bank of Nigeria Governor Godwin Emefiele, vehemently denying accusations that his policies contributed to Nigeria's current economic woes. The group further alleged that Senator Godswill Akpabio's criticism stems from personal motives rather than genuine concern. In a statement made available to The Guardian,…

The International Monetary Fund (IMF) has warned Nigeria of a potential 44% inflation rate due to the worsening value of the naira.

Falling naira, rising prices and poor local capacity utilisation are taking a serious toll on individuals and businesses and equally outstretching the survival of millions of households.

Consumer price level is projected to settle at 30.34 per cent year-on-year (y/y) in February 2024. According to analysts at Cordros Capital Research, the impact of the heightened conflicts in the North and the rising transport costs

On Sunday July 23, 2023, the oracle in this column looked into the seeds of time and warned here in an article titled, ‘Cost of governance and our leaders’ lifestyle’ thus:

The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent.

Insecurity, inflation, and other challenges could limit Nigeria’s capacity to meet the 17 Sustainable Development Goals (SDGs), the Institute for Peace and Conflict Resolution (lPCR) said.

Nigerians may be in for a longer period of economic sluggishness largely fueled by the headline inflation, which rose by as much 7.48 per cent in the last eight months of President Bola Ahmed Tinubu’s administration.