Nigeria’s Inflation Hits 34.6% in November, Worsens Cost of Living
The NBS report revealed that the November inflation rate was 6.4 percentage points higher than the 28.2% recorded in the ...
The NBS report revealed that the November inflation rate was 6.4 percentage points higher than the 28.2% recorded in the ...
…could impact borrowers, leading to an uptick in loan defaults and non-performing loans for banks
An internal memo revealed that employees would receive arrears for November alongside their December 2024 pay
This is a sustained rise in inflation for the second consecutive month
This decline, revealed in the company’s interim financial report released on Tuesday, follows Nigeria’s skyrocketing inflation rate, which has surpassed ...
The report surveyed 169 founders across 13 African countries, shedding light on the mental and emotional toll that comes with ...
The International Monetary Fund (IMF) has hinted on why median inflation will decline slightly in Nigeria, Angola and Ghana, but ...
Nigeria’s headline inflation rose to 32.70 per cent in September, 2024. This shows a reverse of the slowing inflation rate ...
The Monetary Policy Rate (MPR) was increased by 50 basis points
...The Bank of the Free is no longer free
In 2020, remittances amounted to about $17.2 billion, providing a huge source of foreign exchange, but what’s to show for ...
Some semblances of stability have returned to global markets after US recession fears created shockwaves last week. Still, concerns over ...
The effectiveness of these initiatives in addressing Nigeria’s high unemployment rate depends on resolving the root problems
In the midst of all this, Aliko Dangote has halted his steel production plans following monopoly accusations from President Tinubu. ...
While the hiked interest rate aims to curb inflation, excessive increase can hinder economic growth

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