Tag: inflation
New perspective for telling Africa’s stories, By Omoniyi Ibietan
As a theory of knowledge, perspectivism speaks to the notion that our knowledge and perception of anything is shaped by the interpretation of those...
2023: Can we get sperious? By Kazeem Akintunde
We have roughly seven months to next year’s general elections, yet we don’t know the policies and directions those who want to lead us...
NUJ appeals to ASUU, tasks FG on insecurity, inflation, rule of...
By COLLINS YAKUBU-HAMMER
ABUJA- The Nigeria Union of Journalists (NUJ) has appealed to the Academic Staff Union of Universities (ASUU) to call off the over...
Amid food price surge, NBS says inflation rate fell in January...
DESPITE continuous surge in food prices, the National Bureau of Statistics (NBS) says Nigeria’s inflation rate dropped to 15.60 per cent in January 2022...
Nigeria’s Inflation Rate Rises to 15.63%
Nigeria's inflation rate increased to 15.63 percent in December 2021.
The revelation was made by the National Bureau of Statistics (NBS) in its latest consumer...
Nigeria’s inflation rate may be among world’s highest in 2022 –...
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of...
Inflation Rate Drops To 15.4% ― NBS
According to a report by Vanguard, the National Bureau of Statistics, NBS, said that the annual inflation rate dropped for the seventh consecutive month...
Rising gas prices, crisis in the making; By Dakuku Peterside
Nigerians are facing hydra-headed challenges on all fronts: debilitating insecurity, extreme poverty, hyperinflation, high cost of food and essential consumables, diminishing trust in government...
Nigeria’s inflation falls to 16.63% in September
The Consumer Price Index, which measures inflation, has declined for the seventh consecutive month to 16.63 per cent in September.
The Statistician-General of the Federation,...
IMF raises Nigeria’s growth forecast by 0.1%
The International Monetary Fund has increased Nigeria’s growth prospect by 0.1 to 2.6 per cent in 2021 and 2.7 per cent in 2022, despite...
Nigeria’s economy grew by 5.01% in second quarter -NBS
Nigeria’s Gross Domestic Product grew by 5.01 per cent, year-on-year, in the second quarter according to the National Bureau of Statistics.
NBS disclosed this in...
Fuel prices hike outpaces inflation in Germany
All motor fuel prices in Germany saw above-average price increases and were up 23.3 per cent in April compared to those in 2020, the...
Namibia records highest annual inflation rate since June 2019
Namibia’s annual inflation rate for April 2021 stood at 3.9 per cent, up from 1.6 per cent of April 2020.
This rate makes it the...
‘Follow Me To The Market…’ By Azu Ishiekwene
Everyone has their meal of the day, and mine happens to be dinner. Having dinner, for me, is a ritual, but one that has...
Nigerians exceed IMF’s 30% dollar deposits threshold
Dollar deposit by Nigerians in banks has exceeded the 30 per cent threshold approved by International Monetary Fund (IMF), a Central Bank of Nigeria...
Expert says security, other factors key to tackling high inflation rate
Mustapha Sumaila
Abuja -A financial expert says the provision of security, large scale farming and intervention in manufacturing sector are key factors in tackling...
‘Pure water’ and rising hardship in the land, By Dakuku Peterside
The sachet water, commonly known as 'Pure Water' all over Nigeria, is the most popular source of drinking water in most cities and villages....