Nigeria’s most recent inflation report, which showed a decline in July 2024, has sparked mixed reactions. Many Nigerians feel that the reported figures do not accurately...
The Federal Government has expressed optimism that Nigeria will soon overcome its current food shortage and high inflation, which has reached 40 percent according to data...
Nigeria’s inflation may worsen as the country’s money supply (M3) reached an all-time high of N101.34 trillion in June 2024, according to recent data from the...
As anticipated, Nigeria’s annual inflation rate rose to 34.19% in June 2024. Month-on-month, headline inflation increased by 0.17 percentage points, reaching 2.31% compared to 2.14% in...
President Bola Ahmed Tinubu’s efforts have seemingly fallen short of easing Nigeria’s worsening economic hardship in the first half of 2024, despite the government’s Renewed Hope...
Vice President Kashim Shettima has acknowledged that Nigeria’s economy is currently facing challenges. However, he emphasized that this situation is not unique to Nigeria and called...
Nigerian Muslims joined their counterparts worldwide to celebrate Eid-El-Kabir amidst worsening economic hardship and rising food inflation. Findings by NIGERIA NEWS 247 revealed that many Muslim faithful...
On Wednesday, Air Marshal Hasan Abubakar, the Chief of Air Staff, attributed the nation’s security challenges to high inflation, youth unemployment, and a harsh economy. Following...
Africa’s wealthiest individual, Aliko Dangote, anticipates a decline in inflation following the reduction of diesel pump prices, he mentioned during a conversation with journalists on Wednesday...
