Tag:
Inflation
Business
Naira Falls for Third Straight Day Despite Rising Foreign Reserves
The Nigerian Naira has recorded its third consecutive depreciation against the United States dollar at the official foreign exchange market, sparking renewed concerns over...
News
Ghana Drunkards Association Demands Lower Alcohol Prices After Cedi Gains
Members of the Ghana Drunkards Association have threatened to stage a nationwide protest if the government does not reduce the price of alcoholic and...
News
NLC Slams Subsidy Removal, Inflation for Crushing Nigerians’ Livelihoods
The Nigeria Labour Congress (NLC) has accused President Bola Tinubu’s government of worsening economic hardship in the country since he assumed office two years...
News
Ajaero: N70,000 Wage Lost to Tax, Inflation, Electricity Tariffs
The Nigeria Labour Congress (NLC) has strongly criticised some state governors for refusing to implement the new national minimum wage of N70,000 and the...
Business
Nigeria’s Inflation Crashes to 24.48% After CPI Rebasing
Nigeria’s inflation rate recorded a dramatic decline, dropping to 24.48% in January 2025 from a staggering 34.80% in December 2024. The sharp drop followed the...
Business
High Interest Rates in Nigeria Stoking Inflation, Tax Reforms Chief Warns
High interest rates set by the Central Bank of Nigeria (CBN) are worsening inflation and compounding economic challenges for Nigerians, according to Taiwo Oyedele,...
Business
Nigeria Targets 15% Inflation Drop by 2025 – Edun
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Mr. Olawale Edun, has delivered a reassuring forecast for the nation’s struggling economy. Speaking before...
Business
December Spending: Nigeria’s Inflation Hits Record 34.80%
Nigeria’s inflation rate has surged to a staggering 34.80% in December 2024, setting a record high that continues to strain households across the country....