On food inflation, the bureau said:”The Food inflation rate in August 2023 was 29.34% on a YoY basis, which was 6.22% points higher compared to the...
The National Bureau of Statistics, NBS said the headline inflation rate rose year-on-year (YoY) by 1.29 percentage points to 24.08 percent in July, from 22.79 percent...
On food inflation, it said;”The food inflation rate in June 2023 was 25.25 per cent on a YoY basis; this was 4.65 percentage points higher relative...
According to the World Bank, the country had one of the highest inflation rates globally in 2022. In 2022, it predicted that Nigeria was going to...
During the past three years, Nigerian producers—of which more than 3,000 are registered with the manufacturers union—have fought to survive. In the first quarter of 2023,...
October was the last strong retail sales month of 2022, as discounting and slowing inflation prompted consumers to shop more then, said Kayla Bruun, economic analyst...
“We believe that a moderate uptick in the headline numbers will skew the voting pattern of the committee members in favour of maintaining a tightening stance...
Tackling the CBN on the multiple exchange rate system, he also warned that Nigeria might end up like Sri Lanka if the Federal Government failed to...
The NBS attributed the increase in the annual inflation rate (Year-on-Year basis) to two factors namely: “ Increase in cost of importation due to the persistent...
Besides hiking the MPR, Emefiele had also noted that the CBN would take also take a cue from advanced economies and reduce the circulation of N500...
He would take Abraham to the land being occupied by very powerful, unconquerable nations and tell him to look and...
While external military intervention is often considered vital during crises, achieving lasting peace requires a comprehensive approach that extends far...
I write this with no allegiance to any sect or Islamic school of thought. I am writing because Nigeria may...
Psychologically, this reform carries profound meaning. For decades, many civil servants have relied on office chapels and mosques as emotional...
Analysts say this shift is not merely operational; it is structural. The S4 interface, which has existed since 2014 but...
So, is Nigeria economically broke? The uncomfortable truth is that Nigeria is not yet bankrupt but it is dangerously close....
Nigeria’s debt challenge is not merely a financial problem but a national test of leadership, accountability, and vision. The country...
In large parts of the country, especially the northern and middle belt regions, violence from armed groups, bandits, and insurgents...
The moment DR Congo scored that winning penalty, I felt something inside me deflate. It wasn’t anger. It wasn’t shock....
Super Eagles captain William Troost-Ekong reflects on Nigeria’s World Cup playoff loss to DR Congo, praising the team’s effort and...
President Bola Tinubu urges the Super Eagles to put their World Cup playoff loss to DR Congo behind them and...
Super Eagles coach Eric Chelle alleges DR Congo used “voodoo” during the penalty shoot-out in the 2026 World Cup qualifying...