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Month CPI Urban Rural Jan 9.03 9.22 9.10 Feb 9.54 9.85 9.50 Mar 8.59 9.25 8.10 Apr 9.05 9.66 8.90 May 8.96 9.40 8.60 Jun 8.35 8.40 8.30 Jul 8.68 8.80 8.60 Aug 8.23 8.40 8.10 Sep 8.00 8.00 8.00 Oct 7.80 7.90 7.80 Nov 7.90 8.10 7.80 Dec 7.96 8.12 7.88 The post above […]Read More

The introduction of Current Account Maintenance fee by the Central Bank of Nigeria has drawn the ire of bank customers who accuse the apex bank of making policies that will erode their confidence and negatively affect the budget. In a communiqué made available to Vanguard, Bank Customers Association of Nigeria (BCAN) called on the CBN […]

Month CPI Urban Rural Jan 12.08 7.90 15.60 Feb 11.10 9.40 12.50 Mar 12.78 8.50 16.40 Apr 11.29 9.10 13.10 May 12.35 11.50 13.00 Jun 10.23 8.30 11.80 Jul 9.40 6.60 11.70 Aug 9.30 7.10 11.10 Sep 10.34 8.40 11.90 Oct 10.54 7.80 12.80 Nov 10.54 7.40 13.10 Dec 10.28 9.00 11.30 The post above […]Read More

Month CPI Urban Rural January 12.63 16.40 9.70 February 11.87 13.10 10.90 March 12.11 13.70 11.00 April 12.87 13.40 12.50 May 12.69 14.10 11.70 June 12.89 15.00 11.40 July 12.80 15.60 10.70 August 11.69 14.50 9.70 September 11.25 14.20 9.10 October 11.69 15.30 9.10 November 12.32 15.80 9.80 December 11.98 14.50 10.20 The post above […]Read More

Nigeria’s Gross Domestic Product, GDP, will increase from its present N514 billion to $2 trillion by 2030, if the country reduced corruption to the level of Ghana and Malaysia. The Vanguard reported that the Minister of Information, Alhaji Lai Mohammed, quoted a recent PricewaterhouseCoopers, PwC, report while making this assertion. The minister, who briefed members […]

Month CPI Urban Rural Jan 14.40 10.50 16.55 Feb 15.65 11.60 17.93 Mar 14.81 12.90 15.30 Apr 15.04 12.20 16.40 May 12.91 8.50 15.80 Jun 14.10 10.80 16.10 Jul 13.00 10.30 14.60 Aug 13.70 10.90 15.60 Sep 13.65 10.90 15.60 Oct 13.45 11.50 15.00 Nov 12.77 11.70 13.60 Dec 11.82 10.70 12.70 The post above […]Read More

The Nigerian Government has declared it’s intention to obtain a $3.5 billion loan from the World Bank and the Africa Development Bank (ADB). It hopes to use the money in part to fund over N900b in budget deficits. To however collect a loan from the World Bank,  the IMF will need to approve Nigeria’s economic […]Read More

Nasco Foods Factory In Jos.Credit: Nasco Ltd The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with NASCO Food limited to produce biscuits that will feed about 30 million school children below the age of 13. This is part of the government’s social welfare programs following its election last year. Minister of Science and […]Read More

Trade Union CongressCredit: TUC Nigeria As organizations become bigger and more relevant they become more attractive to labour unions who approach employees of organizations to join them. In Nigeria, joining a labour union as an employee is a right under the labour union act. It is a fact most organizations are fully aware of and try […]

By EconMatters We are near the low in bond yields for the year, and with the global markets selling off but the employment numbers holding in there, we have a real conundrum for bond investors. [embedded content] © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle Average: Your rating: […]

Iran enjoys trolling the United States. In fact, it’s something of hobby for the Ayatollah, who has maintained the country’s semi-official “death to America” slogan even as President Rouhani plays good cop with Obama and Kerry. The ink was barely dry on the nuclear accord when Tehran test-fired a next-gen surface-to-surface ballistic missile with the […]Read More

Submitted by Michael Snyder via The End of The American Dream blog, Are you living “the American Dream”?  If so, you should consider yourself to be very fortunate, because most Americans are not. In fact, as you will see below, a new survey has found that there is nowhere on the entire planet where the […]