Nigeria’s Financial and Economic Outlook for the First Half of 2023: Evaluating Key Indicators.
Nigeria has been navigating a challenging economic landscape in the first half of 2023. As the country grapples with various ...
Tag: #inflation
UK construction output falls for first time in five months.
The UK construction industry experienced a renewed decline in business activity in June, primarily due to a significant downturn in ...
Nigeria Witnesses Decrease in Mobile Subscriptions: MTN Nigeria Takes the Largest Hit.
Nigeria experienced a significant decline in mobile subscriptions, losing 4.95 million subscribers in the first five months of 2023, according ...
Electricity Tariffs Skyrocket to N10,000 for 100 Units- Expert
The anticipated 40 percent increase in electricity tariffs in Nigeria has raised concerns among consumers. Mr. Abiodun Ogunleye, CEO of ...
World Bank Warns of Fuel Subsidy Removal will push 4 Million Nigerians into Below Poverty Line.
The World Bank has raised concerns about Nigeria's soaring inflation rates, which have led to a significant increase in poverty ...
Nigeria Customs Service Increases Port Exchange Rate to N589.5/$.
The Nigeria Customs Service (NCS) has announced an increase in the exchange rate for cargo clearing at the port, as ...
UK Inflation Holds Steady at 8.7% in May, Posing Challenges for the Economy and Consumers.
The latest figures on UK inflation have been released, revealing that consumer prices rose by an annual 8.7% in May, ...
Nigeria sets eight-week timeline to agree minimum wage with unions
The Nigerian government and main labour unions have reached an agreement to finalize an increase in the minimum wage within ...
JP Morgan Projects Naira to Appreciate and Settle at N600/$.
JP Morgan, the renowned American multinational financial services firm, has expressed optimism regarding the Nigerian currency, projecting an appreciation of ...
Nigerian Small Businesses Struggle as Petrol Price Hike Adds to Economic Woes.
The recent removal of petrol subsidy and subsequent surge in petrol prices have dealt another blow to Nigeria's already beleaguered ...
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