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Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says inflation is pushing Nigerians into different categories of poverty. Cardoso said controlling inflation...
The monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, to 26.75 percent —...
President Bola Tinubu has transmitted a national minimum wage bill to the House of Representatives in the National Assembly for consideration and passage. The...
The Nigeria Economic Summit Group (NESG) has said the inflationary pressures in the Nigerian economy would amplify going by the rising cost of food prices....
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the apex bank is “relatively pleased” with the progress it has made in stabilising...
Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria, said consumer credit jumped by...
The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose to 33.95 percent in May, as prices of food and non-alcoholic beverages continued to...
The Organised Labour says it will not accept any ₦62,000 or ₦100,000 “starvation wage” as the minimum wage for Nigerian workers. Labour insisted on...
Nigeria’s cost of living crisis is heaping misery on the citizens with inflation soaring amidst failing efforts by the monetary and fiscal authorities to stabilise...
President Bola Tinubu has assured Nigerians of his commitment to steer the country out of its economic woes. Tinubu spoke on Wednesday night when...
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