Rising Inflation

Rising Inflation Could Trigger Social Unrest in Nigeria—AfDB

February 18, 2024

By Adedapo Adesanya The African Development Bank (AfDB) has raised an alarm that rising prices of fuel, food, and other commodities could lead to

Economy

Moghalu Blames CBN for Rising Inflation in Nigeria, Slams Emefiele

June 23, 2023

Adedapo Adesanya

By Adedapo Adesanya A former Deputy Governor of the Central Bank of Nigeria (CBN), Mr Kingsley Moghalu, has criticised the suspended CBN Governor, Mr

Economy

Naira Tumbles Amid FX Liquidity Squeeze, Rising Inflation

May 16, 2023

Adedapo Adesanya

By Adedapo Adesanya The Naira depreciated against the US Dollar in the Peer-2-Peer (P2P), parallel market, and the Investors and Exporters (I&E) segments of

Economy

VFD Group’s Earnings up 43% Amid Slow Economic Growth, FX Instability

November 8, 2022

Dipo Olowookere

By Dipo Olowookere Despite the foreign exchange (FX) instability in Nigeria, slow economic growth, rising inflation, and a global recession on the horizon, VFD

Economy

Raising Interest Rates to Bring Down Inflation

September 23, 2022

Business Post Contributor

By Ijezie Ebuka The day started in Asia with the Indonesian and Philippines Central Banks raising interest rates by 50 basis points. The Norway

Banking

Bank Customers in Nigeria, Others Will Struggle to Repay Loans—Moody’s

September 16, 2022

Dipo Olowookere

By Dipo Olowookere A global finance and investments analytics company, Moody’s Investor Service, has predicted that bank customers, especially in Nigeria, South Africa and

Travel/Tourism

Inflation, FX Scarcity Force Aero Contractors to Suspend Operations

July 18, 2022

Dipo Olowookere

By Dipo Olowookere One of the leading airline operators in Nigeria, Aero Contractors, has announced the indefinite suspension of its operations, citing the rising