Reopening fuel imports is not reform, it is regression, analyst warns
Analyst Dan Kunle argues World Bank call to reopen fuel imports represents regression, not reform.
Dangote Refinery Dismisses Claims of Selling Petrol Above ₦1,000 Per Litre, Labels Reports as “Fake News”
Dangote Refinery has refuted recent claims suggesting it is selling petrol at rates between ₦1,015 and ₦1,028 per litre, calling...
Reno Omokri Defends Tinubu’s Economic Reforms, Redefines ‘T-Pain’ Amidst Rising Hardship
Social media commentator and outspoken critic, Reno Omokri, has once again voiced his support for the economic reforms of President...
NACCIMA Expresses Concern Over Rising Petrol Prices, Warns of Economic Impact
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns over the recent surge in...
Starlink Announces New Subscription Rates Amid Inflation Concerns
Satellite internet provider, Starlink, has raised its subscription fees, citing rising inflation as the reason behind the increase. The new...
Turkey’s Inflation Rate Declines to 52% in August, Continuing Gradual Drop
Turkey’s annual inflation rate eased to 52% in August, down from 61.8% in July, according to official data released...
BREAKING: Inflation Rate Rises to 34.19% in June
The National Bureau of Statistics (NBS) announced on Monday, July 15, that Nigeria’s inflation rate climbed from 33.95% in May...
South Africa Faces Inflation Above Central Bank Target For The First Time In 5 Years
[ODUNEWS] June 22- South African inflation surged above the central bank’s target range for the first time in more than...
UK Inflation Hits 40-Year Record, Highest in G7
[ODUNEWS] June 22- Increasing food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the...
Nigeria’s Inflation Rate Hits 11-Months High At 17.71% In May
Nigeria’s inflation rate surged to 17.71% in May 2022, recording an increase from 16.82% recorded in the previous month. The...
Hike In Commodities Has Increased Cost Of Snacks; Bakers Laments On Low Profit
Bakers have attributed the reduced size and hike in the cost of snacks to the increasing price of food commodities...
How Nigeria Govt. Borrowed ₦1.3trn In Four Years To Subsidise Power Consumers – World Bank
The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received...
Inflation Rate In Nigeria Hits 13.71%, Highest In Two And A Half Years
The Inflation rate in Nigeria has continued to soar, rising for thirteenth straight months in September 2020, as the prices...