World Bank Warns Global Commodity Prices to Jump 23% in 2026
ABUJA, Nigeria – Global commodity prices are projected to rise by 23 per cent in 2026 as conflict in the Middle East, disrupted grain…
Topic
Inflation
Nigeria @66: Can Economic Recovery Deliver Shared Prosperity?
LAGOS, Nigeria – Nigeria’s economy is showing clearer signs of recovery, but millions of households and businesses are yet to experience that improvement in…
Oil Prices Surge as US-Iran Conflict Escalates
ABUJA, Nigeria – Global oil prices climbed more than 2%, extending weekly gains to around 10%, after fresh US military strikes on an Iranian…
Nigeria Inflation Falls as Food Prices Rise
ABUJA, Nigeria – Nigeria inflation eased marginally to 15.91 per cent in June 2026, ending three consecutive months of increases, but rising food prices…
A Pay Rise or Poverty Trap? Why Nigeria’s ₦100,000 Minimum Wage Debate Exposes a Deeper Economic Crisis
LAGOS, Nigeria – For millions of Nigerian workers, payday no longer brings relief. Salaries that once covered rent, food, transport and school fees are…
Governors Weigh ₦100,000 Wage as Labour Pushes More
LAGOS, Nigeria – State governors are considering a new national minimum wage of ₦100,000 as discussions intensify over workers’ welfare amid rising inflation and…
Eid on the Edge: Soaring Transport Fares Force Nigerians to Rethink Sallah Travel
ABUJA, Nigeria – Before sunrise at Abuja’s Kubwa motor park, passengers clutching bags and food flasks crowded around commercial buses, bargaining desperately with drivers…
Nigeria’s Inflation Climbs to 15.38% in March as Food, Transport Costs Surge
ABUJA, Nigeria – Nigeria’s inflation rate rose to 15.38 per cent in March 2026, reversing months of easing as rising food, transport and accommodation…
Nigeria’s Housing Dream on the Brink: Inside the Relentless Rise of Building Costs
ABUJA, Nigeria – On a dusty stretch of Kubwa, where half-built homes stand like abandoned promises, the price of a single plank tells a…
CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability
Abuja, Nigeria – The Central Bank of Nigeria intensifies its shift towards a rules-based monetary policy, targeting single-digit inflation to stabilise Africa’s largest economy.…