inflation

Air travel costs up by 19%, intercity bus fares skyrocket by 78% year-on-year – NBS

Air travel costs up by 19%, intercity bus fares skyrocket by 78% year-on-year – NBS

The National Bureau of Statistics (NBS) has released its Transport Fare Watch report for April 2024, detailing the cost trends… Read More

11 months ago

Turkey’s inflation rate hits 75.5% in May, highest since November 2022

Turkey's official inflation rate soared to 75.5 per cent in May, driven by resilient consumer spending despite hefty interest rate… Read More

12 months ago

One year of Tinubu: Atiku condemns president’s ‘trial-and-error’ economic reforms, calls for strategic action

President Tinubu’s policies do not create prosperity. Instead, they pauperise the poor and bankrupt the rich. They spare no one.… Read More

12 months ago

Naira Crisis: Tinubu Should Adopt OBJ’s 1999 Solution to Boost Dollar Inflow-Dr. Ogho Okiti

Nigeria's naira crisis cannot be resolved by only monetary policies. Complementary fiscal reforms, reducing government expenditure, and growing the nation's… Read More

1 year ago

Ten New Multinational Companies and Brands in Nigeria

Multinational companies are exiting Nigeria after a decade of poor economic policies.  As inflation, weakening purchasing power, and an unstable… Read More

1 year ago

From Titus to Milo: Nigerians Embrace Cheaper FMCG Goods as Inflation Bites Hard

Companies producing cooking oils have always launched campaigns that focused on telling consumers how healthy the oil brands are for… Read More

1 year ago

Nigerians purchasing power drops as prices rise —Stanbic report

The purchasing power of Nigerians has seen a significant decline in recent years. This drop can be attributed to a… Read More

1 year ago

US inflation falls to 3.3 percent in October

President Joe Biden received some welcome news on Wednesday as the US consumer price index (CPI) fell to 3.3 percent… Read More

1 year ago

Federal Government and Its One-sided Austerity

The current administration led by President Bola Tinubu has, since its first day in office, embarked on some laudable measures… Read More

2 years ago

Food Inflation in Nigeria: How Families Are Adjusting

Over the last five years, Nigeria's inflation rate has increased drastically by over 5% since 2018. According to a report… Read More

2 years ago

Inflation Is knocking Titus Sardine off Nigerian Tables

“If Titus' price hike first struck the bricklayers, sometime in 2020 it started to knock Nigeria’s favourite delicacy from the… Read More

3 years ago

Early Harvest Pushes Down Food inflation

The National Bureau of Statistics (NBS) on Wednesday published the August Inflation data that revealed inflation rose by 17.01% y/y,… Read More

4 years ago