Finance & Economy - Page 57

Lagos Markets Hit by Surge in Food Prices, Straining Household Budgets

Food Prices Surge Hits Lagos Markets, Straining Household Budgets

In the bustling markets of Lagos State, food prices surge continue to shake the foundations of household budgets across the region. Over the past fortnight, essential food items have experienced a sharp

Emmanuel Ochayi

8 months ago

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Crude Oil Prices Dip To $85 In International Market Amid Global Tensions

Crude oil prices have undergone significant fluctuations in the international market over the past week. From a recent high of $87.61, the price of Brent Crude has dipped to $85.61 as of

Emmanuel Ochayi

8 months ago

FEATURES·Finance & Economy

Top 10 African Countries With Highest Inflation Rates In February 2024

An economy experiences inflation when the prices of goods and services, rise persistently over time. It is a broad term that can refer to a country's cost of living increase

Victor Ezeja

8 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency

Naira Appreciates Further To ₦1,453 At Official Market

Naira continued its appreciation in the foreign exchange market closing trading at ₦1,453.28/$1 at the official market on Thursday, 21 March 2024. This means it recorded ₦39, reflecting 2.6 per cent gain

Victor Ezeja

8 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Finance & Economy·Latest News

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

Muhammad Sani Abdullahi, Deputy Governor of Nigeria’s Central Bank, unveiled projections indicating a rise in Nigeria’s inflation rate. Abdullahi’s insights, disclosed during an event at London’s CITI-CEEMA Macro Conference on March 20,

Emmanuel Ochayi

8 months ago

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Finance & Economy

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

The clearing of foreign exchange backlogs by the Central Bank of Nigeria (CBN) and the appreciation of the value of the naira in the forex market has cast an air of delight

Victor Ezeja

8 months ago

NNPC Initiates Process For Stock Market Listing, Says CEO Mele Kyari

Business·Latest News·Markets·Oil & Gas

NNPC Stock Market Listing Will Commence Soon, Says CEO Mele Kyari

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), announced on Wednesday during the 2024 CERAWEEK in Houston, United States, that the long-awaited public listing of

Emmanuel Ochayi

8 months ago

Argentines Purchase Bitcoin Instead Amid US Dollar To Fight Inflation

Currency·Latest News·World News

Argentines Purchase Bitcoin Instead Of US Dollar To Fight Inflation

As inflation continues to plague Argentina, citizens are turning to alternative means to safeguard their wealth. Bitcoin, the world’s leading cryptocurrency, has emerged as a popular choice, with Argentines embracing it as

Emmanuel Ochayi

8 months ago

Business·Oil & Gas

Petrol Price Rises By 158% In 1 Year, As Zamfara Residents Paid Highest In February 2024

The average retail price paid by consumers for Premium Motor Spirit (PMS) also known as Petrol increased by 157.57 per cent in one year. This was disclosed in a report released Wednesday

Victor Ezeja

8 months ago

Finance & Economy

Top 5 Nigeria’s Sectors that Paid Highest VAT In 2023

Value Added Tax (VAT) collection in Nigeria has experienced significant improvement over the years. Currently one of Nigeria’s main sources of revenue, aside from oil, VAT which is managed by the Federal Inland Revenue

Victor Ezeja

8 months ago

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Finance & Economy - Page 57

Food Prices Surge Hits Lagos Markets, Straining Household Budgets

Crude Oil Prices Dip To $85 In International Market Amid Global Tensions

Top 10 African Countries With Highest Inflation Rates In February 2024

Naira Appreciates Further To ₦1,453 At Official Market

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

Naira Rebound To N1,400, CBN Clearing Of FX Backlogs: It’s Not Yet Time For Celebration – Expert

NNPC Stock Market Listing Will Commence Soon, Says CEO Mele Kyari

Argentines Purchase Bitcoin Instead Of US Dollar To Fight Inflation

Petrol Price Rises By 158% In 1 Year, As Zamfara Residents Paid Highest In February 2024

Top 5 Nigeria’s Sectors that Paid Highest VAT In 2023

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