More Hardship For Citizens as Nigeria’s Inflation Hits 29.9 Percent
The hardship experienced by citizens is set to hit higher levels as Nigeria's inflation jumped up to 29.9 percent. Daily Report Nigeria reports that the new figure was announced by…
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 made the statement during a plenary session…
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 2024. World Bank's projection follows the Nigerian…
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 a bid to curb the country's escalating…
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 at N1,000 per dollar for at least…