Western multinationals fleeing Nigeria are being replaced by Asian and Turkish firms
As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, read more Western multinationals fleeing Nigeria are being replaced by…
High food prices eat away at Nigerians’ income
…Economists see rate peaking at 35% in months High food prices continued to exert pressure on the wallets of Nigerians read more High food prices eat away at Nigerians’ income
Analysts see $2.25bn World Bank loan easing naira pain
The $2.25 billion World Bank loan given to Nigeria to stabilise the economy and scale up support to the poor read more Analysts see $2.25bn World Bank loan easing naira…
Ten most expensive Nigerian states to live in May
Nigeria’s annual inflation rate quickened to 33.95 percent in May 2024 from 33.69 percent in April 2024, for the seventeenth read more Ten most expensive Nigerian states to live in…
Nigeria inflation remains high at 33.95% despite month-on-month slowdown
Nigeria’s annual inflation rate ticked up to 33.95 percent in May. However, month-on-month headline inflation slowed to 2.14 percent in read more Nigeria inflation remains high at 33.95% despite month-on-month…