The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per US dollar in the official foreign exchange market after maintaining relative stability around the ₦1,500 mark for approximately three months.... Read more »
Renowned Nigerian musician African China has joined the viral 30 Days Rant Challenge, using his latest song to critique the economic struggles under President Bola Ahmed Tinubu’s administration. In a video circulating... Read more »
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate, which fell to 23.2% in February from 24.48% in January. This decrease follows the rebasing of the Consumer... Read more »
In December, Nigeria’s headline inflation rose to 28.92 per cent from 28.20 per cent in November, according to the consumer price index report released by the National Bureau of Statistics. This marks... Read more »
From 27.33 percent in October 2023, Nigeria’s headline inflation rate rose to 28.20 percent in November 2023. The National Bureau of Statistics disclosed this in its November consumer price index report. The figure... Read more »