A recent market survey by Peoples Gazette in Mararaba, a satellite town in Abuja, reveals a concerning trend of skyrocketing prices for essential food items in Nigeria. Indomie, a household noodle brand, has experienced an alarming surge from N8,500 to N18,000 for its Super pack, marking an...
Former Nigerian President Olusegun Obasanjo has proposed an unconventional solution to Nigeria's soaring inflation levels. Speaking at a youth leadership symposium on his 87th birthday, Obasanjo suggested that the Nigerian government should seek guidance from Zimbabwe, a country that recently...
Ghana's government is at risk of losing a substantial $3.8 billion in World Bank funding due to the recent passage of an Anti-LGBTQ+ bill by the country's parliament.
The Finance Ministry has urgently appealed to President Nana Akufo-Addo to delay signing the bill into law until its...
In response to the viral video of a Nigerian man facing a sudden price increase for purchased doors, citizens expressed outrage and concern over the situation. Many criticized the pervasive culture of taking advantage of others in Nigeria and highlighted the need for accountability.
Twitter...
In a recent press conference, defended President Bola Tinubu's administration, urging the public not to blame it entirely for the current economic hardships. Umahi, who previously chaired a committee on resolving farmers' and herders conflicts, pointed to long-standing issues affecting food...
In a distressing incident, a BUA truck carrying cartons of spaghetti fell victim to a brazen attack by hoodlums at the Dogarawa axis of the Zaria-Kano expressway. This unsettling event occurred around 3:15 pm, just after the truck driver had parked on the roadside to observe prayers.
The...
A human rights group, the Take It Back Movement, has initiated a nationwide protest in Lagos, denouncing the prevailing economic hardships gripping the country. This demonstration, although anticipated to precede the organized labor's scheduled protest on Tuesday, has defied warnings issued by...
Finance Minister and Coordinating Minister of the Economy, Wale Edun, disclosed in a recent interview with Channels TV that approximately only 5% of Nigerians have more than N500,000 in their bank accounts. Edun emphasized that the ongoing federal government reforms aim to address economic...
President Bola Tinubu, during a meeting with a Corporate Council on Africa delegation led by Florizelle Liser, reaffirmed his administration's commitment to vital economic reforms aimed at fostering business growth and creating investment opportunities.
Tinubu, expressing unwavering dedication...
In a recent Instagram post, popular media personality and cross-dresser, Bobrisky, expressed strong opinions on Nigerians complaining about the economic challenges in the country.
Bobrisky admonished citizens for placing blame on the government, particularly under President Bola Ahmed Tinubu's...
Vice President Kashim Shettima recently made a compelling appeal to Nigerians, urging them to invest their trust in President Bola Ahmed Tinubu.
Speaking at a function in Abuja on Tuesday, February 20, Shettima expressed confidence in Tinubu's intentions for the nation, emphasizing that the...
In a recent session of the House, Senate President Godswill Akpabio asserted that the ongoing protests addressing the country's economic hardship are externally funded. During the plenary on February 20, Akpabio expressed concern over sponsored protests, emphasizing that many protesters may not...
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso asserted that his role is the second most challenging on the planet.
Addressing the 2024 First Plenary Assembly of the Catholic Bishops Conference of Nigeria, Cardoso highlighted the positive outcomes of the Federal Government's reform...
In a stern message, Sultan Muhammad Sa’ad Abubakar III, leading the Northern Traditional Council, has raised alarm over the escalating poverty, hunger, and insecurity in Nigeria, cautioning that the populace may soon revolt against President Bola Tinubu’s administration.
The warning, delivered...
In the face of the unprecedented rise in living costs in northern Nigeria, a peculiar trend is emerging as many turn to rice grains known as 'afafata' - a term in the widely spoken Hausa language, meaning "battling." These grains, typically rejected by millers or sold to farmers for fish feed...
The Confederation of All Progressives Congress (APC) Support Groups has issued a direct call to opposition leaders, Peter Obi and Atiku Abubakar, urging them to leverage their substantial wealth to alleviate poverty and unemployment in Nigeria.
Prof. Mohammed Kailani, the group's...
In a war of words, former Vice President Atiku Abubakar and the Presidency engaged in a fiery exchange on Sunday, trading barbs over the economic policies of President Bola Tinubu. Atiku, the 2023 presidential candidate of the Peoples Democratic Party (PDP), took to X (formerly Twitter) to decry...
In a startling revelation, the National Bureau of Statistics (NBS) discloses a surge in Nigeria's headline inflation rate, reaching 28.20% in November compared to the previous month's 27.33%. This data, published in the Consumer Price Index for November 2023, signals a significant 0.87% point...
KPMG Nigeria's latest economic forecast signals a concerning trend as it predicts the persisting inflationary pressure in the country, with expectations that the headline inflation will soar to approximately 30% by December 2023. This projection follows the ninth consecutive rise in Nigeria's...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.