A study has shown that fuel subsidy removal, not the surge in money supply, is the major driver of Nigeria’s soaring inflation. Eric Ismail Otaokhia of the...
Tag - Inflation
By Grace Alegba The Association of Bureau De Change Operators of Nigeria (ABCON) has called for the immediate implementation of resolutions by the Monetary...
By Ahmed Ubandoma The Managing Director, North East Development Commission (NEDC), Mr Mohammed Alkali, said high inflation rate and floating of the naira had...
The Central Bank of Nigeria, CBN, has fixed March 25 and 26, 2024, as the dates for its 294th Monetary Policy Committee meeting amid the continued inflation...
Copyright © AFP 2017-2024. All rights reserved. Nigeria’s inflation rate rose for the 14th straight month, in February reaching the highest point since 1996...
Some Nigeria food items By Simon AkojeSome economic experts have urged the Federal Government to tackle the food insecurity challenges and check the...
Traders have decried the unprecedented hike in prices of commodities., saying the market system has become so unpredictable. Nigeria has recorded an average of...
Nigeria’s food inflation increased to 37.92 per cent in February, up from 35.41 per cent in January 2024, amid economic hardship. The National Bureau of...
Nigeria’s headline inflation for February increased to an all-time high of 31.70 per cent, compared to 29.90 per cent recorded in January 2024, amid rising...
Dike Onwuamaeze The productivity of the private sector of the Nigerian economy dropped markedly from 54.9 in January to 51.0 in February 2024. This was...