inflation in Nigeria

Naira Stability Debate: Why Prices Remain High in Nigeria

NAIRA STABILITY DEBATE: WHY LOWER FX RATES HAVEN’T REDUCED PRICES IN NIGERIA

Economy /

In 2026, Nigeria has recorded periods of improved foreign exchange stability compared to previous years, with the naira showing less volatility in official and parallel market trends. Policymakers have pointed to tighter monetary measures, improved dollar inflows, and reduced speculative pressure as key drivers of this relative stability. Despite these developments, prices of goods and […]

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Governors Consider N100,000 Minimum Wage for Workers

Governors Consider N100,000 Minimum Wage as Cost of Living Continues to Rise

Business /

Nigerian state governors are considering a proposal to increase the national minimum wage to N100,000 as workers across the country continue to grapple with rising living costs and economic hardship. The development was disclosed by the Chairman of the Nigeria Governors’ Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, who said discussions are ongoing between

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