inflation

Nigeria, Africa’s largest economy, is facing a new threat to its already fragile recovery from the pandemic: the escalating violence and piracy in the Red Sea, a vital route for …

The Central Bank of Nigeria (CBN) is expected to maintain a tight monetary policy stance in 2024 to curb inflation, which has been soaring to record levels in recent months. …

Nigeria is facing its worst cost of living crisis in two decades, as inflation and fuel subsidy removal have pushed up the prices of food and transport. Many families are …

Nigeria, Africa’s most populous nation and largest economy is experiencing a slowdown in its information and communication technology (ICT) sector, which has been a key driver of its economic growth …

Nigeria’s central bank has postponed a meeting of its monetary policy committee (MPC) for the second time since Governor Olayemi Cardoso was nominated to the post in September, raising concerns …

Heineken, the world’s second-largest brewer, has reported a drop in beer sales in Nigeria and South Africa in the third quarter of 2023, blaming high inflation and currency devaluation in …

Abbas Tajudeen, Speaker of the House of Representatives, highlighted yesterday that the National Assembly’s annual budget has remained unchanged for 13 years. This static budgetary stance stands in contrast to …