…Prioritises security, infrastructure, education …As PDP kicks, describes targets as unrealistic, insensitive By Seun Ibiyemi and Matthew Denis In his 2025 budget proposal, President Bola Tinubu has set ambitious economic targets, aiming to reduce Nigeria’s inflation rate to 15% and…
In recent times, Nigeria has been facing the grim reality of hyperinflation, with its most profound manifestation since May 29, 2023, when President Bola Tinubu’s administration announced the removal of the fuel subsidy. This policy shift triggered an immediate and…
The Lagos Chamber of Commerce and Industry (LCCI) has said that rate hikes alone will not curb inflation without first resolving the challenges in the real sector. President, LCCI, Gabriel Idahosa, made this known at its quarterly state of the…
The Lagos Chamber of Commerce and Industry (LCCI) says rate hikes alone will not curb inflation without first resolving the challenges in the real sector. President, LCCI, Mr Gabriel Idahosa, made this known at its quarterly state of the economy…
CPPE urges government action to curb rising prices By Seun Ibiyemi and Esther Agbo Nigeria’s persistent battle with inflation has reignited, with headline inflation to 32.70 percent in September on petrol price hike, marking a sharp reversal from the two-month…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled an ambitious agenda for economic reform to reduce inflation, create jobs, and foster growth in key sectors. Edun said this at the 30th Nigeria Economic Summit…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgency of adopting comprehensive reforms to address Nigeria’s fiscal and inflationary crises. Speaking at a two-day workshop in Abuja, organised by the Federal Ministry of…
The Commissioner For Insurance, Mr Olusegun Omosehin, on Friday decried the impact of inflation on the insurance industry. Omosehin, also the Chief Executive Officer(CEO), National Insurance Commission (NAICOM), raised the concern at the Insurance Meet Tech(IMT) 2024 conference held in…
…As CBN prioritises leadership with Keystone Bank board overhaul By Esther Agbo The Central Bank of Nigeria (CBN) has scheduled its 297th Monetary Policy Committee (MPC) meeting for September 23 and 24, 2024, at its headquarters in Abuja. This pivotal…
By Seun Ibiyemi Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a decrease of 1.25 percentage points. This represents the second consecutive monthly slowdown in inflation after easing in…
