Dealers Lament High Prices, Low Sales
Prices, various wholesalers and retailers within the alcoholic beverage industry are voicing their distress over the dwindling patronage of their products in the face of skyrocketing costs, a consequence of ...
Monday, April 20, 2026
Tag: Inflation
Economists blame naira crash, fuel price as inflation hits 30%
Economists have linked the nation’s rising inflation to the continued depreciation of the naira and high fuel prices. They spoke as the country’s inflation hit 29.90 percent for January 2024. ...
Prices Of Bread, Cereals Push Inflation To 29.90%
Despite the usual low spending patterns associated with January, Nigeria's headline inflation surged to 29.90 percent, according to a report by the National Bureau of Statistics (NBS). This marked a ...
Inflation: Nigeria to Become Net Exporter of Food, Says Tinubu
President Bola Tinubu has affirmed his administration's commitment to transforming Nigeria into a net exporter of food despite the recent surge in food prices. Speaking on Saturday during a meeting ...
‘Inflation, exchange rate will influence 2024 banks’ performance’
Financial analysts have projected that several factors, including the management of inflation, exchange rate by the Central Bank of Nigeria and technological advancements will be the major determinants of the ...
Inflation: 5 Ways To Cope With High Cost Of Living
The soaring inflation rates in Nigeria, attributed to the removal of fuel subsidies by the government, have significantly impacted families, leading to a surge in the cost of living. An ...
Inflation will lower FDI in Africa’s real estate – Report
Macroeconomic and political uncertainties make African real estate unattractive for foreign investments, according to a report by Estate Intel. It noted that the dwindling macroeconomic indicators may affect African real ...
Nigeria’s Inflation Rate Rises to 28.92% in December 2023
Nigeria's inflation rate for December 2023 increased to 28.92%, up from 28.20% in the previous month, according to the latest report from the National Bureau of Statistics (NBS). This marks ...
High debt, inflation to limit Nigeria’s economic growth – UN
Rising public debt, persistent inflation, high cost of living, and a weak business environment, will continue to pose a downward risk to Nigeria’s growth prospects, the United Nations has disclosed. ...
‘Inflation, forex crisis may affect consumer goods industry’
The persistent inflation and challenges with foreign exchange have been projected as factors that would affect the 2023 fourth-quarter financial results of companies operating in the consumer goods sector of ...
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