As inflation takes root, it is easy to start suspecting that vendors are taking advantage of the situation. An increasing number of consumers report feeling skeptical...
In comparison to an annual gain of 2.0 percent in June, the Consumer Prices Index (CPI) increased by 2.2 percent in the 12 months ending in...
The removal of the fuel subsidy, though causing hardship for Nigerians as transportation has become very expensive, has helped free up resources for the government to...
The other day, after a social outing, I felt I had being robbed. I brought out my calculator, and punched the expenses I made on that...
The bureau further stated that the price increases of millet whole grain, garri, guinea corn, etc. (bread and cereals class), yam, water yam, and coco yam...
At the Garki Market, Enugu, the price of a 50-kg bag of foreign rice rose from between ₦70,000 and ₦75,000 to between ₦95,000 and ₦100,000, depending...
The high cost of living is making it difficult for businesses to grow and expand, and is having a negative impact on foreign investment. This, in...
The impact of excess tax is on everybody, but the burden is more on people experiencing poverty whose purchasing power has been eroded by inflation. The...
The Central Bank of Nigeria (CBN) report revealed that capacity utilisation in the food and beverages sector fell to 49% from 61% in the corresponding period...
In April 2024, the rate of inflation was 11.47 percentage points greater than it was in April 2023, when it was 22.22 percent, according to year-over-year...