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Tag "Inflation"

August inflation, Nigeria’s debt profile… 7 top business stories to track this week

    August inflation, Nigeria’s debt profile… 7 top business stories to track this week

Here are the seven top business stories you need to track this week — September 11 to September 15. INFLATION, DOMESTIC DEBT REPORT The Nigerian Bureau of Statistics (NBS) is

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Wale Edun: FG will intensify efforts to tackle hyperinflation in Nigeria

    Wale Edun: FG will intensify efforts to tackle hyperinflation in Nigeria

Wale Edun, minister of finance and coordinating minister of the economy, says the federal government will intensify efforts to tackle the problem of hyperinflation in the economy. Speaking at a

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Nigeria now third largest oil producer in Africa, says OPEC

    Nigeria now third largest oil producer in Africa, says OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production declined in July 2023, making the country the third largest oil producer in Africa. In its latest monthly

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Federal republic of agbado

    Federal republic of agbado

We are now in a position that we truly deserve. When someone wakes up in the morning and guns for the presidency on a major platform of seeking reward for

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FG to sanction trade associations hiking food prices excessively

  FG to sanction trade associations hiking food prices excessively

The Federal Competition and Consumer Protection Commission (FCCPC) says it will take action against members of trade associations who engage

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NBS: Why inflation only rose slightly in June despite petrol subsidy removal

  NBS: Why inflation only rose slightly in June despite petrol subsidy removal

The National Bureau of Statistics (NBS) has explained why June’s inflation data did not fully capture the impact of petrol

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Despite VAT waiver on sanitary pads, Nigeria’s economic woes push more women into period poverty

  Despite VAT waiver on sanitary pads, Nigeria’s economic woes push more women into period poverty

Sitting on the edge of her bed in a dimly lit cramped room, Peace (not her real name) darted her

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‘Increase oversight, control money supply’ — Agora Policy advises CBN on taming inflation

  ‘Increase oversight, control money supply’ — Agora Policy advises CBN on taming inflation

Agora Policy, an Abuja-based think tank, has highlighted ways the Central Bank of Nigeria (CBN) can tame the country’s rising

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Rescuing the Nigerian middle class

  Rescuing the Nigerian middle class

Last week, I extensively talked with a set of enterprising, upwardly mobile young men and women in Abuja. I chose

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US inflation reduction act 2022: Lessons for Nigeria’s war on inflation

  US inflation reduction act 2022: Lessons for Nigeria’s war on inflation

I have been ruminating at length about Nigeria’s inflation. Known as man’s worst enemy in monetary economics circles, inflation stands

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