Economy

Nigeria’s Inflation Rate Climbs To 29.90% As Food Prices Rise

In January 2024, Nigeria experienced an increase in its inflation rate, rising to 29.90 percent compared to the previous month's…

8 months ago

UK Economy Falls Into Recession

Official data released on Thursday revealed that the UK economy slipped into a recession following two consecutive quarters of negative…

8 months ago

Nigerians Face More Hardship As Prices Of Rice, Beans, Garri, Others Surge By 50%

Amidst mounting challenges, Nigerians are grappling with a surge in the prices of essential commodities, with staples like rice, beans,…

8 months ago

It’s Injustice To Blame Tinubu For Current Economic Hardship – Sanusi

Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President…

8 months ago

Discos Fined N10.5bn For Overbilling Unsuspecting Customers

The Nigerian Electricity Regulatory Commission, on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the…

8 months ago

Airlines Lament As Aviation Fuel Price Hits N1,300 Per Litre

The Airline Operators of Nigeria have expressed deep concern regarding the escalating cost of operations, amidst the surge in aviation…

8 months ago

CBN Announces Measures To Checkmate Inflation

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the bank will no longer grant Ways…

8 months ago

We Are Addressing Exchange Rate Challenges – CBN Gov Tells Senate

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Friday, asserted that the apex bank is actively implementing…

8 months ago

Access Bank, Japanese Agency Sign Agreement To Advance Climate Change Measures In Nigeria

Access Bank PLC has signed a historic loan agreement with the Japan International Cooperation Agency (JICA), towards environmental sustainability in…

8 months ago

(VIDEO): Nigerian Students Studying Abroad Responsible For High Exchange Rate – CBN Governor

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso has attributed the recent increase in the dollar exchange…

8 months ago

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