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President Bola Tinubu has stated that the 2025 budget projects a decline in inflation from current 34.6% to 15% next year. He said this during his...
A report has indicated that the cost of building materials has skyrocketed, amounting to over 100 per cent hike in the last 1 year. The development...
In Abuja on Monday, hundreds of Nigerians took to the streets in a large-scale protest to voice their frustrations over soaring fuel prices, persistent shortages, and...
The reduction in the prices of some food items has pushed Nigeria’s food inflation to fall to 39.53 percent in July 2024 from 40.87 percent in...
The National Bureau of Statistics (NBS) has revealed the least expensive states to live in Nigeria. The report disclosed that Benue, Delta, and Borno states are...
A former Managing Director (MD) of the Niger Delta Development Commission (NDDC), Ibim Semenitari, has lamented that hungry Nigerians can no longer afford garri to drink...
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has said that Nigeria is not the only country going through economic hardship. The monarch stated this on...
A former governor of Edo State, Adams Oshiomhole, has urged Nigerians to be patient with the administration of President Bola Tinubu. According to the National Bureau...
Senegal’s new government has announced measures to cut prices on some essential commodities such as rice, oil, bread, cement, and fertilizer. This is in response to...
The 2023 presidential candidate of the Labour Party (LP), Peter Obi has lamented over the economic crisis plaguing the nation. Speaking during an appearance on Arise...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has promised Nigerians that food prices will drop in the coming months. Edun explained that...
The pan-northern socio-political organisation, Arewa Consultative Forum, on Tuesday has lamented that the country is gradually drifting into chaos. The pan-northern body urged Nigerians to pray...
A former governor of Bauchi State, Isa Yuguda, has said that President Bola Tinubu should not be blamed for the current hardship and high inflation plaguing...
In the midst of growing hardship, the most recent report from the National Bureau of Statistics’ April Consumer Price Index and Inflation report highlighted three Nigerian...
The prices of food and basic commodities have gone through the roof in the last weeks, as Nigerians battle one of the country’s toughest economic crises,...
Tofe Fasua, a Special Adviser to President Bola Tinubu, has assured Nigerians that current inflationary pressures will drop like a rock. Naija News reports that this...
The price of refilling 5kg Liquefied Petroleum Gas (Cooking Gas) cylinder in Nigeria stood at N6,591.62 in March 2024. According to the National Bureau of Statistics...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the fiscal and monetary authorities are complementing each other to bring...
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that it is taking steps to combat the rise in goods and services, despite the recent...
The International Monetary Fund (IMF) presented its updated projections for Nigeria’s economy. Naija News reports that in its latest Economic Outlook, the IMF forecasts a gradual...