High Food Prices Push Inflation To 27.33% in October
The rate at which prices of goods and services rise in the country continued to spiral upwards amidst higher fuel costs and depreciating naira as the headline inflation increased to 27.33 per cent year on year in October 2023. Latest inflation data released by the National Bureau of Statistics (NBS) showed that the October inflation […]
World Bank releases $300million in palliatives loans
The World Bank has set the wheels in motion by releasing funds from the $800 million budgeted for Nigeria’s much-needed National Social Safety Net Program-Scale Up. According to insights from The PUNCH, approximately $299.99 million has already made its way into Nigeria’s coffers as part of this initiative, which is a significant chunk that makes […]