Nigerians Demand Lower Interest Rates Ahead of Key CBN Meeting
ABUJA, Nigeria – The Central Bank of Nigeria says 63.3 per cent of Nigerians want interest rates reduced ahead of the Monetary Policy Committee…
Topic
Inflation Nigeria
Lagos Labour Demands ₦225,000 Minimum Wage Amid Rising Cost of Living
LAGOS, Nigeria – The Lagos State chapter of the Nigeria Labour Congress has called for a sharp increase in the state’s minimum wage from…
Sanwo-Olu Approves ₦50,000 Relief for Lagos Workers Amid Economic Strain
LAGOS, Nigeria – Lagos State Governor Babajide Sanwo-Olu has approved a ₦50,000 relief payment for workers in May, in a move aimed at cushioning…
Nigeria’s Reserves Slide $731m in April, Stir FX Stability Concerns
LAGOS, Nigeria – Nigeria’s external reserves fell by $731 million within the first three weeks of April 2026, intensifying concerns over sustained pressure on…
Food Prices Surge in Nigeria as Experts Cite Structural Failures
LAGOS, Nigeria — Persistent fluctuations in Nigeria’s food prices are driven by deep-rooted structural challenges in agriculture, experts say, despite ongoing government interventions. Agricultural…
Oil Wars, Empty Wallets: How Distant Conflict is Rewriting the Cost of Living in Nigeria
ABUJA, Nigeria – On the streets of Abuja, the price of petrol is no longer just a number on a pump—it is a daily…
Nigeria’s Poverty Paradox: Why Economic Reforms Leave Millions Behind
ABUJA, Nigeria – Three years after President Bola Tinubu launched sweeping economic reforms to rescue Africa’s largest economy, a new World Bank report has…