inflation

Naira appreciates to N1,715 in parallel market

By Elizabeth Adegbesan However, the Naira yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend. However, the Naira yesterday depreciated to N1,603.16 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,603.16 per dollar […]
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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

…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 […]

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