Former Kaduna lawmaker, Senator Shehu Sani has voiced his perspective on Nigeria’s current economic challenges, emphasizing that they are not divinely ordained. In a statement on...
The Federal Government declared on Thursday, February 22, that it has implemented measures to curb the scarcity and the rising cost of Liquefied Petroleum Gas, commonly...
Lagos State Governor, Babajide Sanwo-Olu, announced on Thursday that his administration is taking steps to alleviate the impact of the rising cost of living by reducing...
A protest erupted in Oyo State, South-West Nigeria, on Monday in response to the prevailing economic challenges in Nigeria. The demonstration, staged in the Mokola area...
Governor Abdullahi Sule of Nasarawa State has called on traders to stop hoarding foodstuffs for profit, emphasizing the need for collective action to combat this practice....
The African Development Bank has raised alarm bells, cautioning that the escalating prices of fuel and commodities in Nigeria could lead to social unrest, fueled by...
The Federal Government has attributed the current food inflation in Nigeria to a combination of factors, including floods that impacted farmers during the past farming season...
Nigeria witnessed a surge in its headline inflation rate, reaching 27.33% in October, up from 26.72% in September, according to the Consumer Price Index report released...
Staple food, Bread is becoming scarce in many households as the cost of flour and other ingredients continues to rise, leading to the closure of several...
The National Bureau of Statistics says prices of beef, rice, beans, onion, yam and other food items increased in September. It said this in its Selected...
As Central Bank of Nigeria (CBN) opens its Monetary Policy Committee (MPC) meeting on Monday, a financial expert, Okechukwu Unegbu, has advised the committee to address...
South Africa’s annual Consumer Price Index (CPI) for 2020 was at 3.3 per cent, the lowest inflation recorded since 2004, Statistics South Africa (Stats SA) said...
Nigeria’s Inflation rate rises to 13.22% in August 2020, highest recorded in 29 months since March 2018 (13.24%). This was contained in the recent Consumer Price...
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by higher food and healthcare costs, the statistics office said on Friday, as...
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measures inflation increased to 12.40 percent year-on-year in May 2020. The NBS made...