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Nigeria Inflation News. Service for global professionals. Constantly updated news and information about Nigeria.
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Latest Nigeria Inflation News

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  • Cry, Beloved Africa Cry 26 Nov 2009 01:51 GMT
    ... rule "kleptocracy." The nation suffered from uncontrolled inflation, a large debt, and massive currency devaluations. By ... government has decided to be pro-active. The Nigerian Government's decision to give 10 per cent ...

  • Zacks Analyst Blog Highlights: Citigroup Inc., Intuit Inc.,... 26 Nov 2009 01:51 GMT
    ... raise additional capital under regulatory pressure. Also, inflation on a global basis appears to be controlled. ... many oil-producing countries such as Angola, Ghana, Nigeria, the Republic of Congo, Gabon and Mozambique. ...

  • Infrastructure tops FG's plan for 2010 25 Nov 2009 00:47 GMT
    ... of 2009 and, if approved, will push Nigeria even further beyond a 3 per cent ... immediate term but noted there was an inflationary risk, particularly if the government goes ahead ...

  • New Infrastructure Tops Govt's 2010 Plans 25 Nov 2009 10:54 GMT
    ... of 2009 and, if approved, will push Nigeria even further beyond a 3 per cent ... immediate term but noted there was an inflationary risk, particularly if the government goes ahead ...

  • FG Lists Security, Niger Delta, Food As Priorities 25 Nov 2009 08:12 GMT
    ... rate of 6 per cent; and target inflation rate of 11.2 per cent. Tagged "fiscal stimulus ... the present administration to the people of Nigeria embedded in the Seven-Point Agenda and aims ...

  • Zacks Analyst Blog Highlights: Citigroup Inc., Intuit Inc., ENI S.p.A, BP plc and Royal Dutch Shell 25 Nov 2009 22:31 GMT
    ... raise additional capital under regulatory pressure. Also, inflation on a global basis appears to be controlled. ... many oil-producing countries such as Angola, Ghana, Nigeria, the Republic of Congo, Gabon and Mozambique. ...

  • UPDATE 5-Nigeria plans sharp spending rise on oil delta, power 24 Nov 2009 18:31 GMT
    ... ABUJA, Nov 24 (Reuters) - Nigeria plans to increase spending by a third ... immediate term but noted there was an inflationary risk, particularly if the government goes ahead ...

  • UPDATE 3-Nigeria proposes 32 pct rise in spending for 2010 24 Nov 2009 15:25 GMT
    ... Camillus Eboh ABUJA, Nov 24 (Reuters) - Nigerian President Umaru Yar'Adua sent a 4.079 trillion ... immediate term but noted there was an inflationary risk, particularly if the government goes ahead ...

  • UPDATE 4-Nigeria plans sharp spending rise on oil delta, power 24 Nov 2009 16:13 GMT
    ... ABUJA, Nov 24 (Reuters) - Nigeria plans to increase spending by a third ... immediate term but noted there was an inflationary risk, particularly if the government goes ahead ...

  • HIGHLIGHTS-Nigeria's 2010 budget proposals 24 Nov 2009 16:34 GMT
    ... 24 (Reuters) - Following are highlights from Nigerian President Umaru Yar'Adua's statement on the 2010 ... estimated to be about 5.86 percent. 'Headline inflation has fallen from 15.1 percent in December 2008 ...

  • Nigeria bases budget on $57 per barrel oil price: official 24 Nov 2009 18:20 GMT
    ... station in Kula in the Niger Delta. Nigeria's 2010 budget will be based on an ... percent of its of 6.1 percent and inflation rate of 11.2 percent, Yar'Adua said in the ...

  • Deregulation As a National Albatross [analysis] 20 Nov 2009 09:18 GMT
    ... have accumulated over many decades. On the Nigerian landscape are incidences of widespread insecurity, ailments ... to fluctuate and soar thereby heightening general inflation in the economy. Has the government ever assessed ...

  • 'WETIN' CONCERN NLC/TUC WITH FOREX MARKET? (2) 23 Nov 2009 00:15 GMT
    ... waned! Labour, of course, recognizes that NNPC (Nigerian National Petroleum Corporation), like all monopolies (especially ... naira, cheaper petrol prices, the damper on inflation, and a savings of N600bn erstwhile subsidy are ...

  • African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... high on Monday as concerns about accelerating inflation and weak economic growth prompted investors to seek ... news on all African stock click on NIGERIAN STOCKS Nigeria's all-share index rose by 0.31 ...

  • Abuja - Rising Wave of Shoplifting [analysis] 20 Nov 2009 09:18 GMT
    ... been tweaked to shoplifting. The rich in Nigeria that have been widely reported to have ... elections in the FCT. With the rising inflation adding to the problem, even the employed are ...


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"The president of Nigeria is a public figure and all that concerns him should be in the public domain. But since Umaru Yar'Adua became president they shrouded his obvious health problems in mystery."
— Maxi Okwu, a Nigerian political analyst

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