Customs’ 4% FOB levy: Expect more hardship, inflation, experts warn
Financial experts have warned that implementing the four per cent Free-On-Board (FOB) levy on imports would exacerbate inflation in the...
Inflation
Rising crude oil prices could drive up petrol costs, inflation in Nigeria
The cost of premium motor spirit (PMS) and other refined petroleum products in Nigeria may rise in the coming days...
Tinubu unveils plan to cut inflation by 15%
The Special Adviser to President Bola Tinubu on Social Media, Dada Olusegun, has revealed the administration's ambition to reduce inflation...
Don’t expect miracles from Tinubu, Wike tells nationwide protest organisers
FCT minister Neysom Wike says the planned protest against President Bola Tinubu’s administration is politically motivated, pointing out that Nigeria...
Inflation: Nigeria’s high food prices worsened in June, says NBS
The National Bureau of Statistics says that the prices of beans, tomatoes, Irish potatoes, garri, yam, and other food items...
Nigerian lawmakers slash salaries to support food sufficiency, call against nationwide protests
Members of the Nigerian House of Representatives has promised to contribute N648 million to support the Federal Government's food sufficiency...
Petrol price hits N854 per litre in Benue; Jigawa N847; Rivers N810; Lagos N626 in June: NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N545.83 in...
Kenya: One person killed as anti-governments protests turn bloody
Anti-government protests in Kenya turned bloody on Tuesday as one person was killed as police clashed with demonstrators demanding the...
Bleeding economy: Nigeria’s inflation rate ticks up to 34.19% in June, prices of food skyrocket
Nigeria’s headline inflation rate increased by 0.24 points to 34.19 per cent in June from 33.95 percent in May, indicating...
Inflation: Nigerian Govt. vows to suppress food prices in 180 days
The Nigerian Minister of Agriculture and Food Security, Abubakar Kyari, has promised that food prices will significantly decrease within the...
