65% of Nigeria’s informal businesses earned more in 2025, but only 47% made profit, as inflation and high costs choke ...
As Nigeria approaches 2027, a profound sense of urgency and purpose is evident throughout the nation. The country is on ...
Majority of the consumers surveyed (45%) expect their household income to remain unchanged over the next 6 months - Kasi ...
Hernandez noted that the high inflation has crashed the value of the national minimum wage of N30,000 ($82), which is ...
Nigeria’s inflation rate eased to 22.22% in June 2025, a decline from 22.97% recorded in May according to the latest ...
The International Monetary Fund (IMF) has proffered solutions to Nigeria's high food insecurity and poverty in the country, focusing on ...
The result is that the average household now spends more than 60% of its income just trying to eat; and ...
In the first quarter of 2025, a curious paradox is playing out across Nigeria’s economic landscape. Discerning observers will notice ...
The latest African Economic Outlook 2025 (AEO) by the African Development Bank (AfDB) projected that Nigeria was expected to record ...
Nigeria’s headline inflation dropped to 23.71% in April 2025, down from 24.23% recorded in March 2025. As revealed in the ...
The start of the second quarter of 2025 saw a further improvement in business conditions among Nigerian companies amid strengthening ...
This surge is a blow to household incomes and the economy at large
While this decline shows a slowdown in price increases, it does not necessarily mean that the cost of living is ...
But the damage is still obvious. MTN reported a pre-tax loss of 4.4 billion rand ($243 million) for the year ...
The decision, which is the first hold in three years, was announced by the Governor of the CBN, Yemi Cardoso, ...