Inflation – Page 3 of 5 – Prime Business Africa

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

In a disconcerting revelation from the latest stew index report by PricePally, the expense of preparing a pot of beef stew surged by 17 percent in 2023, painting a worrisome picture of

Emmanuel Ochayi

5 months ago

Business·Latest News

Inflation: We Need Measures To Boost Production, Ease Of Business, Afrinvest Advises Monetary, Fiscal Authorities

Afrinvest West Africa Limited, a capital market holding company has advised monetary and fiscal authorities to rethink their anti-inflation strategies to holistically address the ugly narrative of surging inflation rate

Victor Ezeja

5 months ago

Business

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the global rating agency, Fitch, has affirmed the country’s long-term foreign-currency issuer default

Victor Ezejaand

Admin

6 months ago

Business

Petrol Subsidy Removal, Inflation Fingered As Acute Food Shortage Stares 26.5 million Nigerians

If nothing is urgently done to address the identified root causes, no fewer than 26.5 million Nigerians including Internally Displaced Persons (IDPs) will suffer acute food insecurity between June and August next

Victor Ezejaand

Admin

6 months ago

Business

Okonjo-Iweala Warns Of Higher Inflationary Pressures, Greater Price Volatility Over Bloc Trades

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, said countries not operating open trade could experience higher inflationary pressures. Okonjo-Iweala said nations adopting rival blocs will cause greater price volatility,

Fakoyejo Olalekan

8 months ago

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the removal of subsidy on Premium Motor Spirit (PMS) and the naira devaluation will fuel the inflation rate. Members

Fakoyejo Olalekan

9 months ago

Business·World News

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed on Wednesday, piling pressure on the Bank of England and government

Ifeanyi Ibe

10 months ago

Business·Currency

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

The Presidential candidate of the Labour Party (LP), Peter Obi, has revealed the reason Nigeria’s inflation and the exchange rate has been on an upward path under President Muhammadu Buhari. Obi said

Fakoyejo Olalekan

1 year ago

Five Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Business·Insights·Markets

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having

Fakoyejo Olalekan

1 year ago

Business·Latest News

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

1 year ago

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Inflation - Page 3

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

Inflation: We Need Measures To Boost Production, Ease Of Business, Afrinvest Advises Monetary, Fiscal Authorities

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Petrol Subsidy Removal, Inflation Fingered As Acute Food Shortage Stares 26.5 million Nigerians

Okonjo-Iweala Warns Of Higher Inflationary Pressures, Greater Price Volatility Over Bloc Trades

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

FG To Increase Workers’ Salary 2 Months To Presidential Election

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