Nigeria Inflation News – Page 7 of 8

FG To Increase Workers’ Salary 2 Months To Presidential Election

Two months to Nigeria’s Presidential election scheduled for February 25, 2023, Minister of Labour and Employment, Chris Ngige, has disclosed that workers’ salary will be increased. The rise in cost of living

Fakoyejo Olalekan

2 years ago

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Latest News

INFLATION: Nigeria’s N30k Minimum Wage Now Worth N19,355 – World Bank

Nigeria’s poverty population has risen by 5 million in 2022, the World Bank’s Chief economist, Alex Sienaert, has revealed, blaming rise in inflation rate which has reduced the value of minimum wage

Fakoyejo Olalekan

2 years ago

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Latest News

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

The cost of borrowing has been increased by the Central Bank of Nigeria (CBN) after the financial regulator announced 16.5 per cent as the new interest rate in the country. Interest rate

Fakoyejo Olalekan

2 years ago

Finance & Economy

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Centre for Promotion of Private Enterprise (CPPE) has called on the Nigerian government to review it’s tariff policies by granting concessionary import duty on intermediate products as a way of addressing the

Victor Ezeja

2 years ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Investors’ confidence in the stock markets globally is declining in the face of higher interest rates, soaring inflation, impending recession, and falling oil prices. This led to the global stock market’s All-World

Fakoyejo Olalekan

2 years ago

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business

Reason Buhari Increased Tour Allowance Of Ministers, PermSec, Civil Servants By N50,000

Nigeria’s cost of governance is set to skyrocket, as the duty tour allowances (DTAs) for Ministers, Permanent Secretaries and Civil Servants on grade level one to 17 has been increased by President

Fakoyejo Olalekan

2 years ago

Business

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has increased interest rate on savings account, as the apex bank said Nigeria’s economy has returned to normalcy. In a circular

Fakoyejo Olalekan

2 years ago

Business·Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia

Fakoyejo Olalekan

3 years ago

Twitter’s Elon Musk Lands In Court Over Stolen Source Code

Recession To Worsen In US – Musk Predicts

The billionaire, Elon Musk has slammed the president Joe Biden administration for printing “a zillion” more dollars, whining it will land the US into a recession that could last up to 18

Queen Nwabueze

3 years ago

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Nigeria Inflation News - Page 7

FG To Increase Workers’ Salary 2 Months To Presidential Election

INFLATION: Nigeria’s N30k Minimum Wage Now Worth N19,355 – World Bank

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Reason Buhari Increased Tour Allowance Of Ministers, PermSec, Civil Servants By N50,000

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Recession To Worsen In US – Musk Predicts

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