Economists blame naira crash, fuel price as inflation hits 30%
Economists have linked the nation’s rising inflation to the continued depreciation of the naira and high fuel prices.
Source: punchng.com
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OPS blames struggling naira for highest inflation in 21 years
Nigeria’s inflation rose to a 21-year high of 28.92 per cent in December 2023, new data from the National Bureau of Statistics has shown.
Source: punchng.com
Over 6,000 jobs lost to foreign firms' exit, MAN fumes
No fewer than 6,000 jobs are expected to be lost as five notable companies shut their production factories in Nigeria.
Source: punchng.com
GDP remains sluggish, grew by 2.54% in Q3
Nigeria’s Gross Domestic Product remained subdued in the third quarter, growing marginally by 2.54 per cent year-on-year in real terms
Source: punchng.com