The President of the Nigeria Labour Congress, NLC, Joe Ajaero, has bemoaned the inflationary trend in the country, suggesting that the Federal Government should devise a mechanism for the yearly review of wages, especially the national minimum wage. Ajaero stated this yesterday at the 2nd National Labour Adjudication and Arbitration Forum, organised by the National […]
Yobe business community holds special prayer against inflation, high cost of living in Nigeria
Irked by the relatively high cost of living in Nigeria, the United Marketers Association Potiskum, UMAPO, organized a special prayer seeking God’s intervention in the current economic realities in the country. The prayer held at Government Day Secondary School, GDSS, playground in Potiskum town attracted dozens of men, women, children as well as religious scholars. […]
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Nigeria’s inflation will drop to 21.4 per cent in 2024 – CBN
The Central Bank of Nigeria says the country’s inflation will drop to 21.4 per cent in 2024. The CBN governor, Olayemi Cardoso, disclosed this on Wednesday while delivering the keynote address at the Nigeria Economic Group outlook for 2024. He said with requisite monetary policy by the apex bank, the inflationary pressures in Nigeria are […]