Inflation
3 Jan
With the high inflation leading to a persistent rise in food and transportation costs nationwide, Nigerians have called on the government to ensure the reduction of the cost of living and essential services
1 Jan
Fellow Nigerians, As we enter 2025, I wish everyone a happy and prosperous New Year. May you be rich in joy, success, and good health. As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By the grace of God, 2025 will be a year of great promise in which…
21 Dec
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has said that structural reforms are indispensable to reducing inflation to 15 per cent and stabilising the exchange rate at N1,400 to the dollar.
20 Dec
Japanese inflation accelerated in November, with prices rising 2.7 percent on-year partly due to higher energy costs, government data showed Friday.
20 Dec
Nnamdi Azu, a trader at Oyingbo Market, Lagos, is worried. His plan to travel with his family this season seems unrealistic, considering the resources available. The family of six belongs to the ritual of travelling to Lodu Imenyi in Bende Local Council of Abia State
18 Dec
Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has lamented the persistent and uncontrollable rise in the inflation rate, reaching a 28-year record high of 34.60 per cent in November 2024, is fueling a tense business environment as elevated prices continue to constrain business operations.
17 Dec
The aggressive monetary and fiscal measures taken to check headline inflation appear to be slow in taming inflation as the consumer price index rose to 34.6 per cent in November, setting a new multi-decade high and suggesting that the war against price crisis is far from being won.
13 Dec
Inflation and fundraising challenges have been listed as major challenges stressing startups in Nigeria and Egypt.
13 Dec
The Edo State Assets Verification Committee, set up by the State Governor, Monday Okpebholo, yesterday, raised the alarm over a road project sum allegedly inflated from N8 billion to N16 billion by the immediate past government.
9 Dec
United Bank for Africa (UBA) Plc has delivered 375 per cent capital gains to investors in nearly five years, outperforming the average returns at the Nigerian stock market and the entire financial services sector. Official data at the Nigerian stock market at the weekend indicated that investors in UBA have continued to earn average annual…
4 Dec
A new report from Duplo, a provider of technology solutions, has highlighted the need for inflation-adjusted compensation packages and better training support for staff to address talent retention challenges in Nigeria’s finance sector.
3 Dec
Business activities in the country fell for the fifth consecutive month in November as inflationary pressures remained elevated, the latest monthly Purchasing Managers Index (PMI) by Stanbic IBTC Bank has shown.
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