Rising inflation erodes wages, fuels demands for salary increment
The current acceleration of inflation in the country is having a detrimental effect on the buying power of Nigerians, as prices continue to rise relentlessly.
Tag : Rising inflation
‘Rising inflation, lingering cash crisis may depress equities in Q2’
Rising inflation, tensed sociopolitical developments, cash and fuel scarcity are factors expected to depress the equities market and propel migration to the fixed market in
IMF warns CBN, others over rising inflation
The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a way of tackling the
Rising inflation drives consumption expenditure to N57tn
Rising inflation drove Nigerians’ consumption expenditure to N57.08tn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn that
Again, rising Inflation puts economy on the strong burner
For the managers of the Nigerian economy, last week, was eventful as the unabated rise in the inflation rate triggered a flurry of activities by
Rising inflation, power, forex shortages undermine consumer goods industry
Rising inflation, shortage of foreign exchange and overall harsh operating environment have continued to assail the operations of the Consumer Goods sub-sector (CGS) just as
Rising inflation, cost of funds, Russian/Ukraine war, others hold back investment in oil & gas – IEF
The International Energy Forum (IEF) has warned that rising inflation, borrowing costs, Russia’s invasion of Ukraine, supply chain problems and policy confusion are holding back
Nigerians count losses of collapsed national grid, rising inflation
For some time now, the nation has been plunged into a major blackout with the collapse of the national grid that has forced businesses and
Rising inflation, others threaten Buhari’s poverty reduction scheme –World Bank economists
World Bank economists, Jonathan Lain and Jakob Engel, have said that rising inflation, persistent population growth, the COVID-19 pandemic, and the war in Ukraine are
Rising inflation compounds manufacturing downturn – MAN DG
The Manufacturers Association of Nigeria (MAN) has described the January 2021 inflation rate of 16.47 per cent as a threat to the envisaged manufacturing and
