In the wake of the 2024 US presidential election, political endorsements have sparked controversy. Kamala Harris received support from high-profile figures such as P. Diddy, Cardi...
In a significant strategic shift, South African grocery retailer Pick n Pay has announced its exit from the Nigerian market by selling its 51% stake in...
The Russian central bank raised key interest rate by 200 basis points (bps) on Friday, bringing the rate to 21%, a level not seen since February...
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate reached 32.70% in September, marking a slight increase from the 32.15% recorded in...
Popular comedian, Basketmouth, has shared his thoughts on why Nigeria may never see significant improvement, expressing frustration over the country’s current economic challenges. During an interview...
Renowned Nollywood actress, Osas Ighodaro has expressed deep concern over the steep rise in inflation within the country, highlighting how the purchasing power of N1 million...
In a concerning trend, Nigeria witnessed a surge in food inflation, reaching 33.93 per cent in December 2023, as reported by the National Bureau of Statistics...
Nigeria’s inflation hit 28.20% in November, marking the eleventh increase in 2023, according to the National Bureau of Statistics (NBS). This figure rose by 0.87% compared...
Kingsley Moghalu, the former Deputy Governor of the Central Bank of Nigeria (CBN), has attributed the country’s inflation to the ongoing practice of the apex...
The World Bank has stated that inflation has had a distressing effect on the food crisis in Nigeria, with around 64 million Nigerians requiring immediate...
