Tag: inflation

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Omoleye OmoruyiOctober 17, 2017

Inflation drops for 8th consecutive time, food prices rise – NBS report

Recent data released by the National Bureau of Statistics (NBS) Tuesday, shows that Nigeria’s inflation rate dropped to 15.98% from ...

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Omoleye OmoruyiSeptember 15, 2017

Inflation rate drops from 18.72% to 16.01%

The National Bureau of Statistics (NBS) has released a data analysis for inflation which shows that inflation has dropped for ...

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EzinneSeptember 5, 2017

The Thread: Nigeria is officially out of recession. Here are the stats to prove it

It has been announced that Nigeria is technically out of recession. But as the reactions to the numbers below show, ...

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ToluSeptember 2, 2017

N136.5m spent on Hajj; 110,000 displaced in Benue | The 5 numbers that mattered this week

12.1 million – The numbers of viewers who tuned in to watch the final episode of the seventh season of ...

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Op-ed EditorSeptember 1, 2017

Opinion: Reforming PENCOM through smart leadership

by  Lanre Ogundimu The drive to sanitize Nigeria’s pension sector will appear to be an unending venture. In fact, it ...

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AzeezMay 16, 2017

Inflation rate drops for third consecutive month

by Azeez Adeniyi The National Bureau of Statistics on Tuesday said inflation dropped from 17.26 per cent in March to ...

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Oludolapo AdelanaApril 29, 2017

Nigeria moving out of recession – Lai Mohammed

by Dolapo Adelana Minister of Information and Culture, Alhaji Lai Mohammed, has said the country was gradually moving out of ...

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Oludolapo AdelanaMarch 21, 2017

BREAKING: CBN sustains interest rate at 14 per cent

by Dolapo Adelana The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday sustained interest rate at 14 ...

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Oludolapo AdelanaMarch 14, 2017

BREAKING: Inflation rate drops for the first time in 15 months

by Dolapo Adelana The rate of inflation in the country has dropped for the first time in 15 months. This ...

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Oludolapo AdelanaJanuary 26, 2017

Nigeria’s monetary policy unbearable – Tinubu

The National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has faulted the monetary policies of the Federal ...

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AzeezJanuary 17, 2017

Reps question Adeosun, Udoma on exchange rate, inflation

Minister of Finance, Kemi Adeosun and the Minister of Budget and National Planning, Udoma Udo Udoma were on Monday grilled ...

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Op-ed EditorSeptember 28, 2016

Moses Ochonu: Why can’t we acknowledge the truth of Buhari’s incompetence?

First, they said it was too early to criticize PMB for non-performance. Why not wait a year before criticizing, they ...

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Isime EseneSeptember 17, 2016

4,285 megawatts; 0.5 per cent… | The 5 numbers that mattered this week

4,285 megawatts – The amount electricity companies currently generate according to the Transmission Company of Nigeria (TCN). $15 million – ...

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Mazi EmekaSeptember 16, 2016

#30Days30Voices: ‘For days now, the economic situation has worsened’

In recent months several financial institutions have been in the news for either laying off workers or having financial difficulties. ...

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Mazi EmekaSeptember 13, 2016

Opinion: Can Nigeria actually spend her way out of this recession?

by Olamide Eyinla It is no longer news that Nigeria’s economy has slid into a recession. By definition, recession is a ...

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AzeezSeptember 10, 2016

Nigeria to get loans from the World Bank, China

Barely a week after the Nigerian economy officially entered into a recession, the Presidency has announced that it would receive ...

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AzeezAugust 31, 2016

Buhari is completely destroying Nigeria – PDP

The Peoples Democratic Party on Wednesday said President Muhammadu Buhari is “completely destroying the country.” In a statement released by ...

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Mazi EmekaAugust 22, 2016

Yemi Kale may be leaving the NBS – these are the 5 ways he transformed the place

On 16 August, the five-year tenure of Yemi Kale, the Statistician General of the Federation and chief executive officer of ...

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Isime EseneAugust 19, 2016

The PDP has found Buhari’s sore point and they are hitting it hard

by Isime Esene Fifteen months after taking serious verbal attacks from the Peoples Democratic Party over the perfromance of the ...

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AzeezAugust 19, 2016

PDP wants John Oyegun and his party members to know this… (READ)

The Peoples Democratic Party (PDP) on Friday responded to comments made by the national chairman of the All Progressives Congress ...

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AzeezAugust 18, 2016

Monetary policies alone won’t stimulate economic growth – Buhari

President Muhammadu Buhari has said monetary policy instruments alone cannot stimulate economic growth judging from the plethora of economic challenges ...

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Oludolapo AdelanaAugust 10, 2016

El-Rufai blasts CBN’s monetary policies

Governor of Kaduna state, Nasir el-Rufai, on Wednesday said the Central Bank of Nigeria is making life difficult for Nigerians with its ...

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Adebayo EmuleomoAugust 4, 2016

Manasseh Egedegbe: Olajumoke explains what inflation is about

I met Olajumoke three years ago. She sold bread for a living in Lagos. We got talking about bread. She ...

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Adebayo EmuleomoJuly 31, 2016

213bn,12,915… | The 5 numbers that mattered this week

12, 915 The number of ghost workers discovered on the payrolls of 23 local governments in Sokoto N218.7 million The ...

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Adebayo EmuleomoJuly 23, 2016

16.5%, $2.5bn… | The 5 numbers that mattered this week

16.5% The inflation rate for June, and the highest for 11 years, as reported by the National Bureau of Statistics. ...

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Oludolapo AdelanaJuly 19, 2016

Inflation hits 16.5%, highest in 11 years

Nigeria’s inflation rate has increased to 16.5% in June, the highest in almost 11 years. This increase is presently making ...

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Adebayo EmuleomoJuly 12, 2016

IMF predicts inflation surge for Nigeria

The International Monetary Fund (IMF) has admitted that the Nigerian economy will perform below the initial expectation of the IMF ...

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Op-Ed EditorJune 22, 2016

Oluwatosin Olaseinde: You are fired! – Nigerian banking sector (Y! Naira&Kobo)

The economy has been contracting and is on its way to an inevitable recession in the 2nd Quarter GDP. Although ...

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Isime EseneJune 13, 2016

Kalu Aja: How to keep investing in the time of inflation (Naira&Kobo)

by Kalu Aja So last week we saw the positive effects of having a financial plan and starting to invest ...

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Mazi EmekaMay 30, 2016

3 things we learned from Tinubu’s Democracy Day statement

The National Leader of the All Progressives Congress (APC) and former Governor of Lagos state, Bola Tinubu, on Sunday, released ...

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