Nigeria inflation rises for third straight month in November
ABUJA – Nigeria’s inflation rate rose for the third straight month in November, advancing to 34.60% in annual terms from 33.88% in October, data from the statistics agency showed on…
Netflix reportedly leaving inflation-ravaged Nigeria after six years
Olayomi Koiki Netflix is reportedly exiting the Nigerian market as the country continues to face its worst economy crisis in a generation. The worsening economic situation under President Bola Tinubu…
Nigeria’s inflation hits 33.88%: statistics service
Olayomi Koiki Abuja – Nigeria’s headline inflation rate rose to 33.88 per cent in October from the 32.70 per cent recorded in September, according to the country’s statistics service. National…
Ghana inflation rises for second month in October
ACCRA – Ghana’s consumer inflation rose for the second month in a row in October, to 22.1% year on year from 21.5% in September, the statistics service said on Wednesday.…
Nigeria’s inflation rate rises to 32.7%
Morakinyo Akinosun Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month, according to the National Bureau of Statistics…
Nigeria’s inflation rate dropped to 32.15% in August 2024, according to the National Bureau of Statistics
The report said the food inflation rate in August 2024 increased to 37.52 per cent on a year-on-year basis, which was 8.18 per cent higher compared to the rate recorded…
Prices of beans, tomato, yam in Nigeria rose above 200% in July 2024, according to the National Bureau of Statistics
Ayomidele Oluwasusi The prices of 1 kilogram (kg) of beans, tomatoes and 12 pieces of agric medium sized eggs in Nigeria – rose above 200 percent year-on-year in July 2024,…
Nigeria’s Tinubu heads for France in newly acquired aircraft
Bloomberg Nigeria’s President Bola Tinubu traveled to France on Monday for a “work stay” on a newly acquired private jet, sparking criticism as the West African nation endures a cost-of-living…
Can Nigerians endure their leader’s economic shock therapy?
President Bola Tinubu says his plans will fix the myriad problems of Africa’s most populous country. But with rampant inflation forcing many citizens to forego basic necessities, they’re low on…
MTN Nigeria loses ₦519 billion in six months due to inflation, weak naira: report
Ayomidele Oluwasusi MTN Nigeria Communications Plc reported a loss after tax of $519.1 billion for the first half of 2024, due to record-high inflation and a weaker naira. This was…