Price pressures have been driven by the reforms of Nigerian President Bola Ahmed Tinubu, who has mainly cut subsidies on gasoline and electricity and devalued the naira twice within a year. According...
The Nigerian government has approved a salary increase of 25 to 35% for public servants. Pensions for retirees have also been enhanced, announced the Salary Commission. This increase affects all fede...
Disrupted by droughts, heatwaves, fires, early frost, or rains causing floods and diseases, global wine production dropped by 10% in 2023, while consumption decreased by 3%, the International Organiz...
The Institute's report on the consumer price index indicates that the inflation rate has continued its downward trend for the fourth consecutive month, setting at 4.2% in March, down from 4.9% i...
