'Inflation Jumps 24 Times in 25 Months'
Nigeria has experienced 24 times an increase in inflation in the past two years (25 months).
This is according to a review of the Commodity Price Index reports published by the National Bureau of...
Cooking Gas: Demand Declines Over Price Hike
In spite of several interventions by the Federal Government to increase supply and boost local consumption, Liquefied Petroleum Gas or cooking gas demand has fallen.
Gas retailers over the weekend said that cooking gas...
Currency in Circulation Hits New High
As latest data indicate, the currency in circulation (CIC) reached a new high of N2.99 trillion at the end of October 2023, it appears that the Central Bank of Nigeria (CBN)’s policies and leadership...
Emirates to Resume Flights to Nigeria Soon – Keyamo
Nigeria's Aviation and Aerospace Minister, Festus Keyamo, on Sunday announced Emirates will resume flights to the country.
The airline suspended operations to Nigeria over its inability to repatriate its $85 million revenue...
Again, CBN Postpones MPC Meeting
In spite of the surge in inflation, the Central Bank of Nigeria (CBN) has again postponed the meeting of its monetary policy committee (MPC).
This is according to a report by Bloomberg on Monday, which quoted...
AfDB Invested Over $10bn in Nigeria in 52 Years
The African Development Bank (AfDB) Group has invested over $10 billion in Nigeria since 1971. This disclosure was made in a statement released by the development bank, coinciding with the visit...
