Understanding how CBN’s new record high interest rate affects you
The Central Bank of Nigeria has raised its benchmark interest rate to a new record high in a bid to force inflation down and...
After delays, Tinubu’s govt offers minimum wage that can’t buy rice
The federal government has finally revealed its minimum wage offer, after prolonged delays that ignored workers' struggle with Nigeria's worst cost-of-living crisis ever.
At a...
Atiku: Tinubu govt’s plan to use N20 trillion pension fund for infrastructure “illegal”
The federal government’s plan to deploy N20 trillion of pension funds belonging to Nigerians has caused outrage, with former Vice President Atiku Abubakar warning...
Nigeria’s inflation soars to 33.67%, piling pressure on consumers
Nigeria's inflation rate continued its relentless climb in April 2024, reaching 33.69%, according to data released by the National Bureau of Statistics (NBS) today.
This...
Naira tumbles past 1,500 to dollar – first time in 2 months
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market for the first time in two months and dimming hopes...