Prices of rams have doubled across Nigeria as Muslims prepare for the 2025 Eid-el-Kabir celebration, also known as Sallah. Traders and livestock dealers say the sharp increase in prices is …
Nigeria inflation
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AgribusinessAgricultureEconomyFood ProductionMarketsNigeriaSecurityTrade and Commerce
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BusinessDevelopmentEconomyINVESTMENTNigeriaReal Estate
Azuri Towers Offers Safe Investment as Eko Development Promotes Real Estate Hedge Against Inflation
As Nigeria continues to battle rising inflation and soaring interest rates, Eko Development Company Limited has highlighted real estate as a stable hedge for investors, positioning its flagship luxury project, …
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AgricultureBusinessEconomyFood ProductionGOVERNMENTNigeriaPoliciesPoliticsSecurity
BUA’s Abdul Samad Rabiu Says Rice Prices Will Crash, Warns Hoarders
Chairman of BUA Group, Abdul Samad Rabiu, has declared that rice prices in Nigeria will crash soon, as his company has imported enough to feed the nation until the end …
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CorruptionEconomyGOVERNMENTNigeriaPolicies
Tinubu Approves New Procurement Thresholds to Reduce Delays, Reflect Inflation
The Federal Government has introduced new procurement thresholds for public contracts in Ministries, Departments, and Agencies (MDAs), aiming to reduce bureaucratic delays and align processes with Nigeria’s current economic realities. …
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AfricaBusinessBusiness InsightsDevelopmentEventsInternational RelationsINVESTMENTNigeriaTrade and Commerce
U.S.-Africa Business Summit to Hold in Angola as Stakeholders Discuss Economic Growth and Trade Opportunities
The 17th edition of the U.S.-Africa Business Summit will hold in Luanda, the capital of Angola, from June 22 to 25, 2025. The event is expected to bring together top …
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Members of the Organised Private Sector (OPS) have expressed fears that Nigeria’s rising inflation could kill the chances of reducing the country’s high interest rate. According to the National Bureau …
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Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …