Health
7 Ways to Protect Yourself from Inflation
By Ellie Richards
Recently, the entire world has been affected by the wave of inflation. From the United States to Australia, every part of the world has witnessed the ballooning inflation.
Whether it is a rise in the prices of daily commodities or an increase in property rates, the effects of inflation could be seen in every single sector.
While inflation affects the entire economy of a nation at a larger extent, its effects can also be observed in the daily lives of the common people.
As the prices of goods and services rise, the amount of money spent earlier to buy a specific quantity of a product would now not be enough to buy a similar quantity of the same product.
Thus, inflation increases the entire cost of living of the people in an economy. It also reduces the purchasing power of every unit of currency, eventually decreasing the value of a country’s currency.
Additionally, once there is an increase in the prices of goods and services, it is likely that the prices will either remain the same or increase further without much possibility of a reduction in the inflated prices.
Hence, it becomes extremely important for people to keep themselves prepared for any increase in prices. One of the common beliefs practised from years is a penny save is a penny earned. While this common belief cannot be implemented in today’s world, one needs to be ready to deal with the corrosive impact of growing prices on the economy.
To help you safeguard yourself from inflation, we have compiled a list of 7 ways to save and invest money to reap its benefits in the long run.
Invest in the Stock Market
While investing in the stock market can be a bit tricky, if done wisely, it can be a good way to fight inflation. As the prices in an economy rise, the corporations are likely to sell their goods at increased prices. This leads to a growth in the company’s revenues, its earnings and results in an upsurge of its stock prices. However, while investing in the stock market, ensure that you put money in companies which have the tendency to increase their prices naturally at the time of inflation. For example, companies which deal with commodities or products like grains, oil and metals enjoy the pricing power at the time inflation more than the manufacturers and distributors of electronics equipment.
Buy Precious Metals
Precious metals such as gold and silver can act as great assets to protect yourself from the growing inflation. With a decrease in the value of the dollar, there is an increase in the value of these precious metals. Also, there is a difference in the demand and supply of gold and silver. While silver has a limited supply and is mostly used by large companies across the world, gold is saved by people at household levels. Experts suggest, keeping a mix of both physical gold and silver on hand can be a great way to protect one from the growing inflation. However, before buying gold and silver, make sure that you buy it from verified dealers and avoid yourself from being scammed.
Invest in other currency
Economists of different countries generally compare the value of their currency with the American dollar to see if there is any appreciation or depreciation in their currency. The trends suggest that a decrease in the American currency results in an increase in the value of other currencies and vice versa. As investing in any currency can be risky for beginners, conduct an in-depth study of the currency trends before investing. Also, rather than investing in a single currency, try to diversify your investments in different currencies. Furthermore, to save yourself from getting duped, instead of buying paper currency, it is wise to keep physical currency in hand.
Buy a Property
Property is another great asset which can save you from inflation. Whether it is a house for yourself or a plot of land or a positive cashflow real estate, investing in the right property can be rewarding. For example, buying a house for yourself will save you from increased rents during inflation. Additionally, if you own land at a lower price, after inflation, you can get a good amount of money if you decide to sell it. Whereas, if you buy an additional real estate, renting it out will help you generate a passive income for the coming years.
Start a Side Business
In today’s world, depending on a single source to generate income is not sufficient. If you are working in a full-time job, you might have very little control over your monthly income. By starting a side business, you begin to build your asset that sees an increase and decrease in its value with the rise and fall of inflation. At the time of inflation, this side business can help you generate extra cash flow every month, which will cushion the consequences of inflation and will also give you the power to save some extra money.
Save Money at Better Paying Interest Rates
Whether there is inflation or not, saving physical cash is always a good idea. To get the most out of your savings, check out for saving schemes which come at highest paying interest rates. The rise in inflation will have no significant effect on your money and it will be safe in the banks. Additionally, the interest you will receive will make sure that your money keeps on increasing from time to time.
Control your Expenses
Although savings and investments are essential for staying safe from inflation, one of the most important factors which we neglect is controlling our expenses. So, if you have a habit of overindulging in shopping and buying things which are not needed, then think twice. Also, while applying for a loan for property or vehicle, do not forget to fix the rate of interest. This is one of the widely used hedging processes which will save you from paying increased interest rates as once the rate is fixed, you will no longer be subject to the growing expenses.
Health
Tinubu Sets up Ebola Task Force, Approves N10bn Emergency Funding
By Adedapo Adesanya
President Bola Tinubu has approved the establishment of a Presidential Task Force on Ebola Virus Disease Preparedness and Emerging Public Health Threats and ordered the immediate release of N10 billion as emergency intervention funding.
According to a disclosure by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, the fund will strengthen the operational preparedness of the National Centre for Disease Control and Prevention (NCDC) and support critical national public health emergency response activities.
The team will be chaired by the Chief of Staff to the President, Mr Femi Gbajabiamila, with membership drawn from relevant Ministries, Departments and Agencies (MDAs) and state representatives.
The presidency noted that the approval followed a stakeholder meeting convened under the chairmanship of the Chief of Staff to review Nigeria’s preparedness and develop strategies against the possible importation of Ebola into the country.
Ebola has recently resurfaced in the Democratic Republic of Congo (DRC) and Uganda, both neighbouring countries.
Other key stakeholders at the meeting included representatives of the Ministry of Interior, the Federal Airports Authority of Nigeria (FAAN), the Nigeria Immigration Service (NIS), the Nigerian Civil Aviation Authority (NCAA), the Lagos State Government and others.
Mr Onanuga also disclosed that President Tinubu directed all states hosting international airports and international border corridors, as well as relevant MDAs, to submit their plans, funding requirements and intervention needs for consideration and coordinated implementation.
Additional measures to be implemented by the Task Force include the intensification of passenger screening at all international airports through enhanced temperature checks and crowd-control protocols; enhanced monitoring of passengers arriving through high-risk airline routes, including Air Uganda, Rwanda Air, Air Tanzania, Air Angola, Kenya Airways and Ethiopian Airlines; and the immediate activation of referral and isolation centres at the Lagos and Abuja international airports, with other airports to follow.
Other measures include the mandatory activation of QR code-based pre-arrival health declaration systems for passengers originating from or transiting through designated high-risk countries, as well as the disinfection of departure halls, cargoes, baggage areas and airport facilities as precautionary environmental measures.
The President also directed the advisory group to consult with security, diplomatic and aviation bodies on regulating flights from affected and designated high-risk countries.
The Task Force was further mandated to designate specific airports or terminals for high-risk flights to enable controlled screening and isolation procedures, and to consider adjusting flight schedules to minimise interaction between high-risk passengers and other travellers.
Health
QPSI Offers Free Healthcare Services, Others to 500 Ajegunle Residents
By Modupe Gbadeyanka
Over 500 residents of Ajegunle in Lagos enjoyed free healthcare services, comprehensive health education, youth mentorship, and community engagement activities at a one-day event organised by Queens Palm Support Initiative (QPSI).
This is part of the organisation’s Reach 1000 Initiative, deliberately designed to address immediate healthcare needs and empower individuals with the knowledge, resources, and support required to live healthier, more productive, and dignified lives.
QPSI is a non-profit organisation established by Ms Sabrina Ozma dedicated to advancing community development, healthcare advocacy, youth empowerment, leadership education, and social impact interventions across Nigeria. Fou
At the Ajegunle programme held at Bola Ige Millennium School, Tolu Complex, participants received a comprehensive range of healthcare services facilitated by accredited medical professionals, including general medical consultations and health assessments, malaria screening, diagnosis and treatment, blood sugar testing and diabetes awareness, comprehensive eye examinations and vision assessments, as well as specialist neurosurgical consultations provided by medical experts from Dukes Neurosurgery and Specialist Hospital.
Also, Reals Pharmaceutical Limited provided and distributed antimalarial medications to beneficiaries, ensuring continuity of treatment and improved health outcomes beyond the day of the outreach.
Ms Ozma, while speaking at the event, said access to quality healthcare remains one of the most pressing challenges confronting underserved communities across Nigeria.
According to her, interventions such as the Reach 1000 Initiative are deliberately designed to close this gap, not only by addressing immediate healthcare needs but by empowering individuals with the knowledge, resources, and support required to live healthier, more productive, and dignified lives.
Beyond healthcare delivery, the initiative featured structured health education and awareness sessions focused on disease prevention and early symptom recognition, personal hygiene and sanitation best practices, nutrition and food safety, healthy lifestyle habits, and the importance of routine medical check-ups.
In addition, a media personality and youth advocate, Ms Blessing Lopez, led engaging conversations around personal growth, confidence, and purpose-driven living, while entertainer Larry J inspired participants through discussions on resilience, positive decision-making, and the importance of becoming active contributors to societal progress.
The programme also attracted notable participation from government institutions and civil society organisations, highlighting the importance of multi-sector collaboration in addressing community challenges.
The Executive Secretary of the Lagos State Domestic and Sexual Violence Agency (DSVA), Mrs Titilola Vivour-Adeniyi, engaged participants on safeguarding, protection against domestic and sexual violence, and the importance of building safer communities.
Further, representatives of the Cleen Foundation facilitated discussions on crime prevention, community security, and the role of young people in promoting civic responsibility and the rule of law, while the Crime Prevention Partnership (CPP) led discussions on community-led safety strategies and citizen participation in fostering safer neighbourhoods.
Health
WHX in Lagos 2026: Nigeria Open for Healthcare Investment—FG
By Modupe Gbadeyanka
The federal government has urged global investors and innovators to tap into the Nigerian healthcare ecosystem, which is projected to grow by 7.1 per cent, reaching a market value of $161.7 million by 2027.
This advice was given by the Minister of State for Health and Social Welfare, Mr Isiaq Salako, at the opening of the World Health Expo (WHX in Lagos 2026), formerly known as Medic West Africa, on Tuesday in Lagos.
The broader West African market is expected to reach more than $11 billion, providing investors with an opportunity to get a good return on investment.
“Nigeria is open for healthcare investment. We want platforms like WHX in Lagos to serve as a critical conduit for translating this investment ambition into tangible technology access for our hospitals and patients,” the Minister, who declared the event open on behalf of President Bola Tinubu, said.
He praised the organisers of the expo, which welcomed over 8,000 healthcare professionals and 500 exhibitors spanning 40 countries, for growing the programme into a vital catalyst for West African healthcare transformation.
Addressing the stark reality that between 85 per cent and 99 per cent of medical equipment and in vitro diagnostics in West Africa are currently imported, Mr Salako outlined aggressive federal interventions designed to dismantle supply chain vulnerabilities and skyrocket local manufacturing capabilities.
He also spotlighted key presidential directives, including the Presidential Initiative to Unlock Healthcare Value Chains (PVAC) and the Presidential Executive Order for the Pharmaceutical and Allied Sectors, both engineered to catalyse health security, drive economic growth, and generate employment through strategic private-sector collaborations and Public-Private Partnerships (PPPs).
“Our commitment to improving access to modern equipment and technologies in hospitals is backed by concrete action. The government has inaugurated the $1.2 billion Sector-Wide Approach (SWAP) initiative, a comprehensive overhaul addressing financing, workforce development, and infrastructure.
“Furthermore, for the 2025 fiscal year, the Federal Government committed N402 billion specifically for health sector infrastructure investment,” he stated, also highlighting an expansive health infrastructure upgrade program in partnership with the Nigeria Sovereign Investment Authority (NSIA).
According to him, this phased initiative is actively delivering oncology and nuclear medicine centres across six tertiary hospitals, alongside establishing 22 modern medical diagnostic centres, seven cardiac catheterisation laboratories, and expanded radiology and clinical pathology capabilities distributed across Nigeria’s six geopolitical zones.
Also speaking, the chief executive of EHA Clinics, Dr Ifunanya Ilodibe, stressed the urgent need to support and unify fragmented growth within the healthcare system, noting that WHX serves as the precise ecosystem platform required to bring together policymakers, clinicians, and investors to move actionable strategies forward.
Also, the President of the Healthcare Federation of Nigeria (HFN) and Country Director of PharmAccess, Njide Ndili, said, “HFN bridges the gaps in health financing, opening up critical connections to achieve true health sovereignty,” praising Africa CDC’s historical intervention, particularly during the Ebola crisis and urged participants to utilise the WHX exhibition floor to forge collaborations capable of scaling locally produced medical equipment.
The Lagos State Commissioner for Health, Mr Akin Abayomi, on his part, highlighted the enforcement of the National Health Insurance Authority (NHIA) Act in Lagos State as a landmark regulatory milestone. The Act mandates health insurance for all residents, structuring the financial environment to guarantee medical protection across various socioeconomic levels.
Delivering the keynote address, the Special Regional Representative of the Director General of the Africa CDC Western Regional Coordinating Centre, Prof. Aliko Ahmed, called on leaders in geopolitical positions to enact liberating trade policies aligned with the African Continental Free Trade Area (AfCFTA) to shape the continental agenda, emphasising that the Africa CDC will fiercely prioritise building trust in locally manufactured healthcare products.
WHX in Lagos 2026 runs for three days, featuring accredited forums, cutting-edge product showcases, and high-level networking tracks designed to translate billions in public and private investment into immediate technology access for hospitals and patients.
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