Inflation
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Fact Check: Is ₦8,000 in 2006 Really Worth ₦102,000 in 2025? Here’s the Truth About Inflation
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow A viral social media post quoting StatiSense claims that ₦8,000 in 2006 is equivalent to ₦102,000 in 2025, representing a cumulative inflation rate of 1,187%. While the figure is striking, a closer look at Nigeria’s inflation data suggests the real number is even […] More
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The Inflation vs Growth Debate by Victor Ogiemwonyi
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The recent Central Bank of Nigeria‘s Monetary policy Committee‘s decision, to continue its hiking of interest rate, by another 100 basis points to 16.5% has elevated the debate on where the preference should lie. Inflation lowering is a core mandate for all central […] More
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Inflation: TUC To Press For Increased Minimum Wage
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Following the devaluation of the Naira by the Central Bank of Nigeria, the Trade Union Congress, TUC, has announced that it would engage the federal government in 2015 to press for a raise in minimum wage. This was contained in a statement on […] More
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