Nigerians languish in poverty as inflation rises unfettered under Tinubu
Nigeria is currently facing severe economic challenges characterized by persistently high inflation rates, causing immense hardship for the citizens during President Bola Ahmed Tinubu’s reign over the last…
Inflation Expected to Lower Foreign Direct Investment (FDI) in Africa’s Real Estate
A recent report by Estate Intel suggests that macroeconomic and political uncertainties are making African real estate less attractive for foreign investments.informationguidenigeria The report highlights that declining macroeconomic…
Fuel Price: Expert Predicts Worse Inflation Indices, Tougher Times Ahead
As Nigeria’s inflation rate rose to a new 17-year high of 22.79 percent in June 2023, experts have forecasted worse indices in months ahead with the latest fuel…
IMF Urges CBN to Sustain Anti-Inflation Campaign Ahead of Tinubu’s Presidency
The International Monetary Fund (IMF) has called on the Central Bank of Nigeria (CBN) to continue its anti-inflation campaign ahead of the expected presidency of Bola Tinubu from…
Naira, Fuel Scarcity, Inflation Push Nigerians Into Hunger – FAO
Naira scarcity, fuel scarcity, naira redesign policy and inflation of food commodities have been identified as key drivers that are pushing over 24 million Nigerians into hunger.Information Guide…
NACCIMA fears worsening inflation
Sola Obadimu, Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mining, and Agriculture, has stated that Nigeria’s current inflation rate poses a serious threat to the…
US retail sales falls, shoppers battle inflation
As inflation remained elevated, retail sales in the United States continued to decline in December, falling 1.1%, as reported by the Commerce Department on Wednesday. CNN reports that…
Inflation rate under Buhari not highest – Keyamo
Festus Keyamo, the spokesperson for the presidential campaign committee of All Progressives Congress presidential candidate Asiwaju Bola Tinubu, has stated that the inflation rate under President Major General…
Manufactured goods fall 36% to N2.87tn, inflation looms
The value of manufactured products exchanged decreased 36%, from N4.51 trillion in the second quarter of 2021 to N2.87 trillion in the same time of 2022, according to…
Nigeria’s Inflation Rises 17-year High Amid Soaring Food Prices
Nigeria’s inflation rate rose to 19.64 percent in July, the highest since September 2005, the National Bureau of Statistics [NBS] said on Monday. PREMIUM TIME reports. The consumer…