Inflation
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Business
Price of bag of local rice rose 152% in one year – NBS
The price of a bag (50 kg) of local rice rose year-on-year by 152.9 per cent from N37,853 in September…
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Business
Naira lost 43% of its value, listed among worst-performing currencies in Africa
Nigeria’s currency, the naira, has been ranked as one of the worst-performing currencies in Sub-Saharan Africa in 2024. According to…
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Business
CBN raises interest rate again
The Central Bank of Nigeria (CBN) has raised the Monetary Policy rate by 50 basis points to 27.25 from 26.75…
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Business
“Pity us, please!”- Nigerians react to announcement of passport fees increase
Nigerians are reacting negatively to the announcement of increased fees for Nigerian passports. The Nigeria Immigration Service announced on Wednesday…
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Business
FG considers increasing VAT rate
The Presidential Committee on Fiscal Policy and Tax Reforms has suggested to the Federal Government the need for an upward…
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Metro
UK hospital asks patients to bring their own batteries for blood pressure, heart checks
Marden Medical Centre, in Kent, United Kingdom, has put in place a number of penny-pinching measures to keep the organisation…
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Metro
Residents reportedly overpowered truck driver to loot Tinubu-branded cartons of rice, beans, garri in Ondo
Some hoodlums on Monday looted food items and grains conveyed by a truck into Akure, Ondo State. The truck reportedly…
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News
Food inflation: EFCC arrests 21 food-loaded trucks heading to neighbouring countries
Operatives of the Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC), on Tuesday, March 5, 2024, arrested…
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News
Nigerian Army debunks speculations of coup against Tinubu govt
The Nigerian Army has described as fake news speculations of a possible coup against the President Bola Tinubu administration. On…
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News
Stampede at rice distribution points (Video)
Reports from the Customs rice distribution points in Nigeria indicate chaos and anarchy as Nigerians tried to outdo one another…
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Business
Bakers begin nationwide strike from February 27 over rising production cost
The Association of Master Bakers and Caterers of Nigeria (AMBCN) says its members will embark on a nationwide strike from…
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Metro
We will open our bre*sts to protest. We are hungry”, – Market woman
A market woman has warned that something urgent should be done about the high cost of living or there will…
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News
FG expresses worry over rising cost of living
The Federal Government has expressed worry over the rising prices of food and commodities in the country. The Minister of…
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Metro
Residents protest high cost of living in Niger State (Video)
A large group of women and Youths in Minna, the Niger State capital are currently staging a protest over the…
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Business
Nigeria’s inflation rate hits 26.72%
Nigeria’s annual inflation rate rose to 26.72 per cent in September from 25.80 per cent in the previous month. The…
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