Falling Food Prices: Political gimmick or genuine relief?
In recent weeks, Nigerians across various states have reported a noticeable drop in the prices of essential food items such as rice, maize, beans, garri, and cooking oil. For...
Catholic Bishops say Tinubu’s policies pushing millions into poverty
The Catholic Bishops’ Conference of Nigeria (CBCN) said on Sunday that the economic reforms of the President Bola Tinubu administration have triggered high inflation rate, reduced Nigerians’ purchasing power...
Nigeria, drunk but still moving on
Have you ever seen a drunk man who, despite his hazy vision, tries to move by any means necessary? You notice how he dances from side to side, swaying...
Nigeria’s inflation surges to 34.6% in November
by Oluwatunmise Omoseyin Nigeria’s headline inflation rose to 34.6 per cent in November 2024, up from 33.88 per cent recorded in October, according to the latest Consumer Price Index...
Nigeria to access $500m World Bank loan for HOPE Project
by Oluwatunmise Omoseyin Nigeria is set to access a $500 million loan facility from the World Bank to support the Human Capital Opportunities for Prosperity and Equity (HOPE) project....
Nigeria’s VAT revenue hits N1.78trn in Q3 2024
by Oluwatunmise Omoseyin Nigeria’s Value Added Tax (VAT) collection surged to N1.78 trillion in the third quarter of 2024, marking a substantial 88 per cent year-on-year increase compared to...
Nigeria: Parable of a brutish economy
Nigeria, one of Africa’s largest crude oil producers, grapples with a troubling paradox: soaring fuel prices and a meagre minimum wage. This contradiction underscores the harsh realities confronting millions...
Tinubu is a patriotic leader, Nigerians will thank him later
Nigeria should be an economic powerhouse not only in Africa but globally because of its enormous human and natural resources. Ironically, Nigeria is fighting for economic survival. This contrast...