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Tag "Inflation"

Nigerian economic summit, October Inflation report… 7 top business stories to track this week

    Nigerian economic summit, October Inflation report… 7 top business stories to track this week

Here are the seven top business news you need to track this week — November 13 to November 18 INTERNATIONAL RAILWAY CONFERENCE AND EXHIBITION 2022 The international Railway Conference and

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Food crisis may worsen in Nigeria as Russia pulls out of grain export deal

    Food crisis may worsen in Nigeria as Russia pulls out of grain export deal

Vladimir Putin, President of Russia, has pulled out of a deal to allow the supply of grain from Ukraine’s Black Sea ports. This is coming three months after both the

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Moghalu: Naira redesign is a necessary step — but may not solve inflation

    Moghalu: Naira redesign is a necessary step — but may not solve inflation

Kingsley Moghalu, former deputy governor, Central Bank of Nigeria (CBN), says the move to redesign naira notes may not solve inflation. Moghalu disclosed this in a tweet on Saturday. The

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Nigeria’s low tax revenue undermines ability to tackle global shocks, says IMF

    Nigeria’s low tax revenue undermines ability to tackle global shocks, says IMF

The International Monetary Fund (IMF) has asked the Nigerian government to improve domestic revenue mobilisation to withstand global economic shocks. Paulo Medas, division chief, fiscal affairs department, IMF, said this

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Obi: Ending insecurity is key to bringing down food inflation

  Obi: Ending insecurity is key to bringing down food inflation

Peter Obi, presidential candidate of the Labour Party (LP), says addressing insecurity will tackle inflation in the country. Speaking in

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South Africa’s inflation rate hits 13-year high at 7.8%

  South Africa’s inflation rate hits 13-year high at 7.8%

South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4

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eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

  eNaira USSD code, Nigeria’s energy transition plan… 7 top business stories track this week

Here are the seven top business news you need to track this week — August 22 to August 26 NIGERIA’S

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Inflation: There’s urgent need to review salaries of civil servants, says Buhari

  Inflation: There’s urgent need to review salaries of civil servants, says Buhari

President Muhammadu Buhari says there is a need for an urgent salary review in the federal civil service owing to

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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

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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

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