How CBN rate hikes fail to tackle inflation
After six consecutive rate hikes in almost a year by the Central Bank of Nigeria (CBN), inflation in Africa’s most populous nation has continued to accelerate.
The apex bank hiked the…
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nigeria’s inflation
Street food sales soar in Nigeria as inflation bites
Nigeria’s stubbornly high inflation has made street food stalls/kiosks a fast-growing choice for cash-strapped Nigerians, new data obtained by BusinessDay have shown.
A report by…
Continuous rising costs and static incomes
The paradox of rising costs and static incomes continues to hall-mark life in contemporary Nigeria. This has in turn spawned Hobessian indices such that the quality of life and living…
Stakeholders offer investment tips in Nigeria’s inflationary environment
Stakeholders in the financial industry have identified investment nuggets that Nigerians can take advantage of in order to make money in the country’s high inflationary environment.…
Inflation slows salaries, wages growth in Q2
Nigeria’s high inflationary pressure which has increased the cost of doing business has led to a slow growth in salaries and wages for employees in the second quarter of 2022, analysts say.…