FACTS: What You Need to Know About the Latest Made-in-Nigeria Drugs By Aishat M. Abisola As Nigeria faces economic challenges marked by currency depreciation and inflation, the country now stands at a crucial juncture where patronizing locally-made products could serve as a catalyst for recovery. Embracing...

Inflation Hit 29.90% in January 2024 – NBS Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024. According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...

Inflation Hit 29.90% in January 2024 – NBS Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024. According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...

Interest Rate Hike Will Contain Inflation, Pressure On Naira - IMF   The International Monetary Fund (IMF) says the decision by the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) to increase the interest rate will help contain pressure on the naira. According to...

Oil Prices Fall As US Inflation Prompts Weak Demand On Thursday, oil prices fell as inflation data from the United States indicated a softening of the world’s biggest economy which could weaken crude oil demand. Brent futures went down by 6 cents to $83.62 a barrel...

Inflation: CBN Mops Up N1.51trn in 16 Weeks to Stabilise Economy The Central Bank of Nigeria (CBN) has issued a total of N1.5 trillion in Open Market Operation (OMO) bills since Olayemi Cardoso took the helm as governor in a bid to stem inflation and...