Between January and March of this year, Nigerians borrowed over N4.82 trillion from banks due to the country’s growing cost…
Browsing: Inflation
In what appears to be a slight shift from the soaring wave of inflation since December 2022, the rate at…
In the ever-busy markets of Lagos, and other cities and towns across Nigeria, N70,000 used to wield a certain power,…
According to farmers, the Nigerian poultry business is suffering due to record prices for maize and soybeans, which is leading…
The money supply (M3) reached a record high of N99.23 trillion in May 2024, and given banks’ predicted capitalization, it…
Amidst economic fluctuations, the total earnings of two prominent agricultural companies listed on the stock exchange, Presco Plc and Okomu…
In the most populated country in Africa, the cost of staple commodities has been rising sharply lately, depleting people’s monthly…
Despite growing inflationary pressures, the total sales of six listed food and beverage manufacturers in Nigeria increased by 73.4 percent…
The Naira had a minor dip during the first trading session of May at the NAFEM window, closing at N1,402.67…
Hello and welcome! In today’s trending news stories; 1. The Kano State Anti-Corruption and Public Complaints Commission has leveled fresh…
The latest figures from the National Bureau of Statistics (NBS) show that Nigeria’s inflation rate jumped to 33.2% for March…
The financial world is waiting impatiently for the National Bureau of Statistics (NBS) to release Nigeria’s consumer price index (CPI)…
KPMG has asserted that Nigeria must tackle the foundational supply-side constraints fueling cost-push inflation; otherwise, the efficacy of the Central…
For the entire year that ended on December 31, 2023, Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc…
In February 2024, the customer price level is predicted to settle at 30.34% year over year. Since the country traditionally…
Inflation, the sustained increase in the general price level of goods and services in an economy over a period of…
In the face of Nigeria’s growing inflation rate and naira devaluation following the fuel subsidy removal, here are some steps…
The money supply increased by an astounding 50% last year, or N25.6 trillion, to reach an all-time high of N78.74…
The National Bureau of Statistics has reported that food inflation has decreased by 0.54 percent in October. Reports have that…
The Nigerian bureau of Statistics has disclosed that the Nigeria inflation rate has risen to 27. 33 percent in October.…
For Nigerian households, there is still no relief as the cost of kerosene and cooking gas increased by 2.09 and…
The ongoing increase in inflation (year over year) and its effects on consumer spending and manufacturing in the nation have…
As the global economy experiences a surge in inflation rates, individuals and investors alike are beginning to feel the pinch…
Businesses that provide essential goods and services are generally less affected by inflation. This is because demand for these goods…
The current economic situation of many Nigerians, be they unemployed, employed or small business operators is, to say the least,…
Possible effects of the ongoing gasoline crisis on consumer prices may have caused headline inflation to reach 21.82 percent, the…
The Consumer Goods sub-(CGS) sector’s operations have continued to be hampered by rising inflation, a lack of foreign currency, and…
The Coronavirus (COVID-19) pandemic, as well as the economic turbulence, have had significant impacts on businesses, manufacturers and households, including…
The debate, says the CEO of a global financial giant, about whether inflation is ‘transitory’ or not is now over…
Investors must avoid complacency and buckle up as inflation-triggered volatility is set to shake markets until the end of 2021, warns…
