Home Topics Inflation
The National Bureau of Statistics on Friday released the Consumer Price Index which measures inflation. The index dropped to 11.37 per cent in January 2019.
The Central Bank of Nigeria has said that the total value of money market assets outstanding in the fourth quarter of 2018 was N11.897trillion.
Timi Soleye returned home to Nigeria from the United States to set up a gas logistics business six years ago, encouraged by predictions of growth and an expanding middle class.
Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The above quote is probably synonymous with the popular definition of insanity as “the continuous repetition of the same process with the same wrong results, and still expect a positive difference at each turn.”
An ecstatic Zimbabwean passenger Shylot Sibanda screams with joy as he boards a bus from downtown Harare to the township of Budiriro. The fare has been slashed to a third of what he paid last week.
Venezuela's President Nicolas Maduro has called home all Venezuelan diplomats from the United States and closed its embassy and consulates there, after the US declared his government "illegitimate".
The Governor of the Central Bank of Nigeria, (CBN) Mr Godwin Emefiele on Tuesday disclosed that the bank would increase the number of items placed on import restrictions from 42 to 50.
Several people have been killed during protests in Zimbabwe after the government more than doubled the price of fuel overnight.
Coronation Merchant Bank Limited (CMB) has predicted that commercial banks in the country will be unlikely to post large gains in profits this year.
The Zimbabwean government has reportedly deployed riot police in "hot spots" after the country's largest labour union called for a national strike over a sharp rise in fuel prices.
As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.
President Muhammadu Buhari on Wednesday appointed Bismarck Rewane as head of newly inaugurated Technical Advisory Committee on the implementation of a National Minimum Wage.
President Muhammadu Buhari says free, fair and credible elections are the foundation of political stability and peace in any nation, assuring that he will leave a legacy of free and fair elections.
Former Governor of Plateau State and Senator representing Plateau North, Dr Jonah David Jang, has accused the All Progressives Congress (APC) of manipulating the Independent National Electoral Commission (INEC) to enable them rig the rescheduled Presidential and National Assembly Elections.
The Labour Party governorship candidate in Kwara state, Issa Aremu, has said the postponement of the general elections by the Independent National Electoral Commission (INEC), was accompanied with mixed feelings.
The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has ruled out political influence in the postponement of the Presidential and National Assembly elections earlier scheduled to hold on February 16 and March 2, 2019.
The National Chairman of the All Progressives Congress, Adams Oshiomhole, has condemned the postponement of the general elections by the Independent National Electoral Commission.
The All Progressive Congress in Kebbi State said it accepted the postponement of the Presidential and National Assembly elections in good faith.
Michelle Obama, former US First Lady made a surprise appearance on the Grammy stage, leading female solidarity at the 61st Grammy awards.
Institute of Chartered Accountants of Nigeria (ICAN) have said that the delayed passage of the 2019 budget and slow investment choices that may arise as a result of expectations from the general elections may stall Nigeria’s growth prospects in 2019.
Super Eagles vice-captain and Saudi Arabia’s Al Nassr player Ahmed Musa’s future at Saudi Pro League side may be the subject of speculation in the Arabic press, but the player himself has played down such rumours as he eyes a good finish with the club come to the end of the season.
Religious leaders from all the states in the South-west region have thrown their weight behind the second term bid of President Muhammadu Buhari.
A senior Republican representative has lashed out at the administration of US President Donald Trump over its failure to provide an update on the killing of Saudi journalist Jamal Khashoggi.