Tag: Inflation

By Yakubu Musa Nothing, perhaps, illustrates the tragedy of the current world's most enduring struggle, the Israeli–Palestinian conflict, than last Friday’s UN resolution for a ceasefire. Curiously, the United States of America voted against it while her...
By Sanusi Abdullahi Kiru In the ever-evolving landscape of Nigeria's telecommunications industry, there are individuals who leave an indelible mark, reshaping the sector for the betterment of the nation. Among these luminaries, Prof. Umar Garba Danbatta stands...

Bank of England moves to halt Inflation, raises interest rates by 25%

By Ode Idoko, London, UK. Following the soaring inflation in the UK, the Bank of England has raised the interest rates by 25% from 1%...

Multichoice hikes DStv, GOtv subscription prices

By Ismail Auwal MultiChoice Nigeria has raised the prices of its DStv and GOtv packages in response to rising business operating costs in the country. The...

Rising food prices fuelling inflation in Nigeria, Africa – IMF

By Sahelian Times The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries.   According to...

2023 elections may cost above N350bn

By Salim Yunusa The budget for the 2023 general elections may exceed N350bn as against the N242bn budgeted for the 2019 elections.   This is due to...

Nigeria’s economy grew by 5.01% in second quarter -NBS

  By Salim Yunusa     Nigeria’s Gross Domestic Product grew by 5.01 per cent, year-on-year, in the second quarter according to the National Bureau of Statistics.   NBS disclosed...

Food prices soar as inflation drops in June

By Salim Yunusa Prices of food continued to rise as the Consumer Price Index (CPI) which measures inflation (rate of change in the increase in...

Inflation may increase, economic analysts warn

By Ismail Auwal Analyst have raised alarm over the likelihood of further increment in prices despite the inflation of over 23 per cent. The chairman of...

Just in: Inflation rate rises to record high of 16.47% in Nigeria- NBS

By Ismail Auwal Nigeria’s inflation rate has risen to the highest point of 16.47%, since April 2017, in January 2021- as against 15.75% recorded in...

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