The Manufacturers Association of Nigeria says the increase in the price of petrol may influence a rise in inflation as households and manufacturers adjust to the reality of the new price.…
At the launch of the Afrinvest Nigeria banking sector report, the Emir of Kano and former governor of the CBN, Muhammadu Sanusi II spoke about the recent move by the Central Bank…
Standard and Poor's global ratings downgraded Nigeria further into junk status, citing a marked contraction in oil production, a restrictive foreign exchange policy and delayed fiscal stimulus.…
Nigeria's Monetary Policy Committee will kick off its bi-monthly meeting on Monday. Investors will keep a close eye on the outcome of the meeting as the monetary authorities react to the economic…
New bank notes are being printed in Zimbabwe to ease a crippling cash shortage. The government hopes the new money will boost the collapsing economy. But there are concerns it will cause…
Multiple exchange rates, a reluctance to officially devalue the currency and a forex shortage are a few similarities between Nigeria and Venezuela that have fuelled concerns that Nigeria may be on the…
It’s a case of different scenarios but similar stories for these small-scale businessmen and women as they encounter a series of challenges due to the rising rate of inflation in Nigeria.…
It’s a case of different scenarios but similar stories for these small-scale businessmen and women as they encounter a series of challenges due to the rising rate of inflation in Nigeria.…
On the second part of the rise of inflation and the Nigerian economy, commissioned by The Guardian, we look at its impact on everyday Nigerians. In Lagos, a taxi driver explains the…