inflation

Naira appreciates to N1,720/$ in parallel market

Naira appreciates to N1,720/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,720 per dollar in the parallel market from N1,725 per dollar on Monday Similarly , the Naira appreciated to N1,671.32 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,671.32 per dollar from […]
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Naira appreciates to N1,615 in parallel market

Naira appreciates to N1,615 in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,615 per dollar in the parallel market from N1,620 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,593.93 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.93 per dollar from […]

Inflation rate eases to 33.4% in July

Inflation rate eases to 33.4% in July

‘This rise is attributed to increased prices for items such as semovita, yam flour, wheat flour, yam, Irish potatoes, groundnut oil, palm oil, and various beverages’

Inflation: Households struggle to cope with galloping food prices

Inflation: Households struggle to cope with galloping food prices

…Embrace alternatives for survival …Use mushroom as substitute for meat lTraders blame crisis on insecurity  lFG reiterates commitment to food security By Yinka Kolawole, Elizabeth Adegbesan, Cynthia Alo & Mariam Adebukola The astronomical surge in food prices has forced many Nigerian households to adopt various coping mechanisms to survive, a survey by Financial Vanguard has […]

Vanguard Detty December