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Tag "Inflation"

EXPLAINER: This is how the new interest rate hike will affect you

    EXPLAINER: This is how the new interest rate hike will affect you

On Tuesday, the monetary policy committee of the Central Bank of Nigeria (CBN) voted to raise the monetary policy rate (MPR) to 13 per cent to curb rising inflation. The

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Nigerians to pay more for bread as wheat prices hit record high

    Nigerians to pay more for bread as wheat prices hit record high

The global price of wheat, on Monday, reached a record high at €435 ($453) per tonne in the European market. The price of the commodity continued to soar following supply

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Report: Insecurity, sit-at-home, petrol scarcity caused food price hike in Q1 2022

    Report: Insecurity, sit-at-home, petrol scarcity caused food price hike in Q1 2022

Security challenges in the north, recent petrol scarcity across the country and the activities around the sit-at-home order in the south-east caused the hike in prices of foodstuffs in the

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Canada imposes two-year ban on foreign home buyers amid rising cost of housing

    Canada imposes two-year ban on foreign home buyers amid rising cost of housing

The Canadian government, on Thursday, announced it will ban foreigners from buying homes in the country for two years in a bid to address the rising cost of housing. The

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Air ticket, rice, diesel, pay TV, pure water — how inflation is hurting Nigerians on all sides

  Air ticket, rice, diesel, pay TV, pure water — how inflation is hurting Nigerians on all sides

Since the pandemic broke out in 2020, Nigerians have been reeling from one hardship to the other: from lockdown and

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Buhari, Osinbajo and the tragedy of Okinbaloye’s ‘calculations’

  Buhari, Osinbajo and the tragedy of Okinbaloye’s ‘calculations’

I try to be very patient with people; to step into other people’s shoes to know why they act the

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PwC: Why FG should focus more on economic growth — not tax

  PwC: Why FG should focus more on economic growth — not tax

Andrew Nevin, chief economist, PricewaterhouseCoopers (PwC), says the federal government should focus more on economic growth and not just tax.

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IMF leaves Nigeria’s 2022 growth rate at 2.7%, raises 2023 projection

  IMF leaves Nigeria’s 2022 growth rate at 2.7%, raises 2023 projection

The International Monetary Fund (IMF) has reaffirmed a growth rate of 2.7 percent for Nigeria in 2022. This growth projection

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Inflation, right of way issues, unreliable electricity… NCC lists challenges of 5G deployment

  Inflation, right of way issues, unreliable electricity… NCC lists challenges of 5G deployment

The Nigerian Communications Commission (NCC) says despite the many benefits that the deployment of the fifth generation (5G) network will

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Hunger Republic

  Hunger Republic

Every day, ordinary Nigerians from Maiduguri to Oyorokoto- Andoni in Rivers state, Okerenkoko- Delta to Wamako in Sokoto state make

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