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Nigeria's Inflation Rate Hits 34.8% Amid Festive Season Demand | Daily Report Nigeria
Business

Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand

Nigeria’s headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of...

JUST IN: Tinubu Bans Homosexuality, Owning Private Bussines, Others In Military
Politics

Presidency Reaffirms Tinubu’s Commitment To Reducing Inflation To 15% By 2025

The presidency has reaffirmed President Bola Tinubu’s commitment to reducing Nigeria’s inflation to 15% by December 2025. According to the Special Assistant to...

2024 Inflation Rate To Decline - World Bank | Daily Report Nigeria
News

2024 Inflation Rate To Decline – World Bank

The World Bank, in its recent announcement on Monday, predicts that Nigeria’s inflation rate will decline to 24.8 per cent year-on-year (YoY) in...

Nigeria’s Inflation Rises to 22.79%
Business

JUST IN: Inflation drop to 33.2% in August 2024 – NBS

Nigeria’s headline inflation rate has dropped to 33.2% in August 2024, indicating a 1.25% decrease from the 33.4% recorded in July 2024. This...

Petrol Tanker Drivers To Halt Operations over Inflation | Daily Report Nigeria
News

Petrol Tanker Drivers To Halt Operations over Inflation

The Nigerian Association of Road Transport Owners (NARTO) has declared its intention to halt operations starting from Monday. Alhaji Yusuf Lawal Othman, the...

CPPE Urges FG to Fix Import Duty Exchange Rate at N1000/$ for 6 Months | Daily Report Nigeria
Business

CPPE Urges FG to Fix Import Duty Exchange Rate at N1000/$ for 6 Months

  The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the Nigerian government to peg the custom duty exchange rate...

JUST IN: Again, Inflation Rises To 32.70% | Daily Report Nigeria
Business

JUST IN: Again, Inflation Rises To 32.70%

Nigeria’s inflation rate has surged to an alarming 32.70% in September 2024, marking a significant rise from the previous month’s 32.15%, according to...

Governors Received N30bn Each to Mitigate Inflation - Akpabio | Daily Report Nigeria
Politics

Governors Received N30bn Each to Mitigate Inflation – Akpabio

The Senate President, Godswill Akpabio has stated that an “unverified source” suggested that state governors received N30bn each from the Federation Account. Akpabio...

Breaking News | Daily Report Nigeria
Business

BREAKING: CBN Raises Interest Rate to 26.75% to Combat Soaring Inflation

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points to 26.75%, up from 26.25%, in...