Nurses and Midwives in Oyo state are threatening to embark on an indefinite strike if the government fails to with its demands after 14 working days. The post Oyo nurses threaten indefinite strike appeared first on Premium Times Nigeria. Powered by WPeMatico
Cardoso mentions ‘new sources’ of Nigeria’s inflation, urges fiscal authorities to act
Nigeria’s overall inflation rate rose to 33.2 per cent in the same month, reflecting a 1.5 percentage point increase from the 31.7 per cent recorded in February The post Cardoso mentions ‘new sources’ of Nigeria’s inflation, urges fiscal authorities to act appeared first on Premium Times Nigeria. Powered by WPeMatico
Over-dependence on import causing drug cost inflation in Nigeria— NAFDAC DG
May Day: Why minimum wage increase won’t worsen inflation -TUC president Osifo
The President of the Trade Union Congress has said that increasing the workers’ maximum will not increase inflation. The President of Trade Union, Festus Osifo, clarified this in an interview with Channels Television on Wednesday. He noted that increased revenue allocation to the state government since May last year is sufficient incentive to review an […]
Anglican bishop urges FG to curb rising inflation
The Bishop of the Diocese of Ondo, Church of Nigeria Anglican Communion, Stephen Oni, has appealed to the Federal Government to find a lasting solution to the escalating inflation in the country. Oni, who decried the unending hardship in the country, stated that the situation had led to a brain drain among citizens, particularly young […]
Inflation bites harder, renders N20, N10, N5 ‘irrelevant’
Across major markets, prices of goods are moving away from the lower denomination of the Naira currencies as inflation bites harder. Not too long ago, a sachet of pure water cost N5, while N20 gained popularity as the denomination used to “settle” police officers at checkpoints. However, in the past couple of years, these notes […]
BREAKING: Nigeria’s inflation increases to 33.20% in March
Nigeria’s inflation rate rose to 33.20 per cent in March 2024 from 31.70 per cent in February 2024. This was disclosed in the National Bureau of Statistics, NBS, March Consumer Price Index and Inflation report. The March 2024 headline inflation rate increased by 1.50 per cent compared to the February 2024 headline inflation rate. On […]
Nigeria set to release March inflation rate
The National Bureau of Statistics is set to unveil inflation figures on Monday, March 15, 2024. DAILY POST reports that NBS releases its monthly consumer prices index every mid-month. Recall that February’s inflation figure rose to 31.70 per cent from 29.90 per cent recorded in January 2024. Meanwhile, CAPE Economic Research and Consulting says the […]
Replacement costs and their limitations during rapid inflation, By Bolutife Oluwadele
…sellers must note that deploying replacement costs will not always work in their favour, and these costs cannot be endless without any negative consequences. While it is reasonable to cover costs and make decent profits to remain in business, there are times to look at other complications that may not seem obvious and devise means […]
Nigeria’s inflation will surge to 32.65% in March – CAPE economic research
Ahead of the release of Nigeria’s inflation rate for March, CAPE Economic Research and Consulting says the country’s consumer price index would increase to 32.65 per cent from 31.70 in February 2024. CAPE Economic Research disclosed this in its recent report analysing inflation trends. Due to lingering headwinds, the report stated that food and core […]