Wednesday, November 6, 2024

In Focus

Nigeria unemployment rate up again after revised calculation

Nigeria's unemployment rate climbed to 5% in the third quarter of 2023, coinciding with a deepening cost-of-living crisis triggered by the government's elimination of...

Stocks, naira down. What worsening economy means for Nigerians

Nigeria's economic woes intensified on Monday, with both the naira and stock markets experiencing significant setbacks. The naira hit record lows on both official and...

Protest in another Nigerian city against economic hardship

Hundreds of Nigerians took to the streets of Ibadan Monday, joining a growing wave of protests against worsening economic hardship in multiple states of...

Nigerians decry Tinubu’s no food import decision as hunger mounts

Nigerians have reacted with dismay to President Bola Tinubu's announcement on Thursday, ruling out food imports despite soaring food inflation and widespread hunger. The decision...

Nigeria inflation isn’t cooling; at nearly 30% in January

Nigeria consumer prices rose further in January to nearly 30% as inflation shows no sign of cooling amid growing hardship across the country. Inflation rose...

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