An Accounting and Financial Development don at Lead City University, Ibadan, Prof Godwin Oyedokun said the Nigeria’s 0.13 per cent December inflation figure decline is not worth celebrating. According to the National Bureau of Statistics, NBS, Consumer Price Index Report on Monday, December inflation slightly declined from 21.47% in November …
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Naira Depreciation, Inflation, Six Other Events That Dominated Economy In 2021
Nigeria recovered from economic recession in 2021 but the economy of most Nigerians did not. Most Nigerians experienced decline in welfare and standard of living caused by a combination of sharp naira depreciation and surge in prices of goods and services. These and other major developments which dominated the economy …
Read More »Nigeria emerging from recession – Osinbajo
Acting President Yemi Osinbajo’s assurances of economic recovery from bleakness of recession to dawn of abundance is becoming a reality as indices indicate. He said on his June 12 message: “Our path to progress and abundance is clear. The tools are in place and the resilient, resourceful and hardworking Nigerian …
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