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Tag "Inflation"

Food price hike: Nigeria vulnerable because we are import-dependent, says Utomi

    Food price hike: Nigeria vulnerable because we are import-dependent, says Utomi

Pat Utomi, a professor of political economy, says Nigeria is currently in a “vulnerable” position because the country depends on importation. Utomi spoke on Thursday in an interview with Channels

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NACCIMA asks FG to implement policies to improve domestic production

    NACCIMA asks FG to implement policies to improve domestic production

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the federal government to address the necessary economic parameters to prevent Nigeria from slipping into recession.

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Inflation: LCCI urges CBN to address FX scarcity, fuel cost

    Inflation: LCCI urges CBN to address FX scarcity, fuel cost

The Lagos Chamber of Commerce and Industry (LCCI) says the Central Bank of Nigeria’s (CBN) monetary policy rate hike alone will not yield the desired result of lowering inflation. Chinyere

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Emefiele: Nigeria’s economy performed better than its peers due to our bespoke policies

    Emefiele: Nigeria’s economy performed better than its peers due to our bespoke policies

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria’s economy has performed far better than many of its peers, courtesy of the bespoke, homegrown and ingenious approach

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Cost of living: Ghana introduces 15% base pay allowance for public workers

  Cost of living: Ghana introduces 15% base pay allowance for public workers

The government of Ghana has introduced a 15 percent base pay as cost of living allowance (COLA) for public workers

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Nigeria’s inflation rate hits 5-year high at 18.60%

  Nigeria’s inflation rate hits 5-year high at 18.60%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 18.60

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INSIGHT: Frustration, civil unrest on the rise across the world as food, fuel prices keep soaring

  INSIGHT: Frustration, civil unrest on the rise across the world as food, fuel prices keep soaring

The Russia-Ukraine crisis is producing alarming cascading effects on the world economy already battered by COVID-19 — resulting in rising

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Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

  Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

President Muhammadu Buhari says around $386 million was recovered in 2021 through the whistleblowing policy enacted by his administration in

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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

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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.

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