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Tag: #inflation

Business Economy headline

Nigeria must address food insecurity urgently  – IMF

Iheanyi Ejiofor March 6, 2024 No Comments #Food insecurity#FX crisis#inflation

The International Monetary Fund (IMF) says Nigeria must prioritise addressing food insecurity. The IMF stated this in a report after its team, led by Axel Schimmelpfennig, IMF mission chief for…

Read More Nigeria must address food insecurity urgently  – IMF
Business Economy headline

Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG

Iheanyi Ejiofor March 5, 2024 No Comments #inflation#Obasanjo#Zimbabwe model

Our reporter/ Elder statesman and former President Olusegun Obasanjo has advised the federal government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the…

Read More Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG
Business Economy headline

Inflation rate surges to 29.90% pushed by the price of food items

Iheanyi Ejiofor February 15, 2024 No Comments #inflation

Our reporter/ Nigeria’s headline Inflation rose to 29.90 percent in the month of January, the National Bureau of Statistics (NBS) said on Thursday. According to the report, the January 2024…

Read More Inflation rate surges to 29.90% pushed by the price of food items
Business Economy headline

Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank

Iheanyi Ejiofor January 10, 2024 No Comments #inflation#Nigeria#World Bank

Our reporter/ Nigeria’s inflation should ease in 2024 as the effects of  last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane, the World Bank has predicted.…

Read More Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank
Business Economy headline

Inflation on rampage, surges to 28.2%, a 20-year-high

Iheanyi Ejiofor December 15, 2023 No Comments #inflation

Our reporter/ Nigeria’s inflation rate rose to a 20-year high of 28.2 percent in November, the National Bureau of Statistics (NBS) said in a report on Friday. According to the…

Read More Inflation on rampage, surges to 28.2%, a 20-year-high

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