Inflation Archives

World Bank faults Buhari regime’s response to inflation

The World Bank has faulted the response of the regime of the President, Major General Muhammadu Buhari(retd), to the inflation suffered by Nigeria. According to a statement released by the Washington-based bank, the Federal government’s response is inadequate as the country continues to suffer double-digit inflation. The apex bank, in its latest Nigeria Development Update […]

agencyreport
2nd July 2022
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Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank

Economy

Inflation, fuel scarcity’ll weaken Nigeria’s economic growth – World Bank

The World Bank has predicted that Nigeria’s economic growth will be affected by fuel scarcity and rising inflation in the country. This is coming after the apex bank projected that Nigeria’s economy would grow by 3.4 per cent in 2022 but decline to 3.2 per cent in 2023 and 2024. According to The PUNCH, the new […]

agencyreport
27th June 2022
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302 Views

Economy

Homebuyers feel inflation squeeze amid recession fears

While the housing market continues to get battered by rising interest rates and sky-high prices, Redfin’s CEO warned that homebuyers are feeling the inflation squeeze as the U.S. is “headed for recession.” “People who are looking to buy homes right now are still driven by the same factors,” Redfin CEO Glenn Kelman told “Cavuto: Coast […]

agencyreport
20th June 2022
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172 Views

Economy

43% homeowners delayed improvements due to inflation – Report

Sixty per cent of homeowners, in a recent survey, said they were less comfortable making large purchases for their homes or households because of rising prices, according to Hippo Insurance’s 2022 Homeowner Preparedness Report. Nearly 43 per cent either strongly (14.4 per cent) or somewhat (28.4 per cent) agreed that inflation had caused them to […]

agencyreport
20th June 2022
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215 Views

Economy

Cost of 12.5kg cooking gas rises to N9,400

The cost of cooking gas has become the latest inflation news to hit the spotlight, after the rise of the Consumer Price Index to 16.82 per cent in April from 15.92 per cent in March. AMBuisness gathered that a 12.5kg cylinder of household cooking gas in the country which went for N7,000 in September 2021, […]

agencyreport
1st June 2022
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341 Views

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Only 6% of Nigerians access formal credit despite

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Tag: Inflation

World Bank faults Buhari regime’s response to inflation

Inflation, fuel scarcity’ll weaken Nigeria’s economic growth – World Bank

Homebuyers feel inflation squeeze amid recession fears

43% homeowners delayed improvements due to inflation – Report

Cost of 12.5kg cooking gas rises to N9,400

Navy seizes 103,500 litres of suspected illegal diesel

Banks lose ₦134.48bn to fraud within five years.

Anthropic keeps Mythos AI access open for select.

India court upholds Telegram ban, rejects platform’s legal.

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