Nigerians continued to grapple with growing energy prices caused by the challenges in the global oil and gas industry, the Russia-Ukraine war as well as local distortions in Nigeria’s petroleum ...
The International Monetary Fund (IMF) has stated that rising inflation and fuel subsidy costs are draining Nigeria's fiscal revenues, which are primarily earned from taxes, duties, and other sources, especially ...
During the nine months ending September 30, 2022, Dangote Cement Plc and BUA Cement Plc spent a whopping N263.157 billion on fuel and power. This is a 44.31% increase over ...
The Central Bank of Nigeria (CBN) decision to raise interest rates by 15.5% has further dampened investor appetite for equities as investors continue to shift their financial assets away from ...
Inflation is perhaps the biggest enemy to wealth creation. This is because of how it silently erodes the value of money. Across Africa, inflation is an ever present problem, although ...
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