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Economy
Inflation outpaces Nigeria’s real wages by 100%
Pay is failing to keep pace with inflation in Africa's biggest economy, with civil servants and low-income households most hit by the squeeze.
The fall in real wages, which reflects the…
CBN says it is slowing on interventions funds
The Central Bank of Nigeria (CBN) on Wednesday said it is slowing down on its intervention funds.
Meanwhile, the apex bank said it has recovered N3.7 trillion out of N9.3 trillion given…
Livestock agriculture can fetch Nigeria N33 trn annually – Ministry
Ernest Umakhihe, permanent secretary of the Federal Ministry of Agriculture and Rural Development, has said Nigeria’s livestock sub-sector is able to rake in over N33 trillion annually, as…
Consumers seek cheaper variants of drugs as prices surge
The high cost of medicines is forcing Nigerians to seek cheaper variants of drugs as prices surge, a development that poses a threat to their health and well-being, health experts say.…
Tips to grow your money amid accelerating inflation
Surging prices amid dwindling household incomes have taken a hit on the savings of most Nigerians.
As the cost of living crisis puts a strain on households, individuals are increasingly…