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  • Marketers Sound Alarm: Soaring Cooking Gas Prices Driven by Supply Disruptions and Exploitation

    The surge in cooking gas prices across Nigeria’s major urban centers has become a pressing issue, with many families finding it increasingly difficult to afford...

    Marketers Blame Soaring Cooking Gas Prices On Supply Disruptions, Exploitation
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    Politics Today
    The surge in cooking gas prices across Nigeria’s major urban centers has become a pressing issue, with many families finding it increasingly difficult to afford this vital household necessity. In numerous regions, the cost of liquefied petroleum gas (LPG) has nearly doubled within a short span, now ranging between ₦2,000 and ₦3,000 per kilogram. During...
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  • Cooking Gas Prices Soar Nationwide: What It Means for Your Wallet

    Major urban centers in Nigeria, such as Lagos, Ogun, and Ibadan, are currently grappling with a severe shortage of liquefied petroleum gas (LPG), commonly known...

    Cooking Gas Prices Go Through The Roof Nationwide
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    Politics Today
    Major urban centers in Nigeria, such as Lagos, Ogun, and Ibadan, are currently grappling with a severe shortage of liquefied petroleum gas (LPG), commonly known as cooking gas. This scarcity has triggered a steep rise in prices and limited availability, primarily due to a recent three-day strike by oil workers that disrupted the national gas...
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  • Employers and Economists Applaud Central Bank’s Bold Move to Slash Interest Rate to 27%

    After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary...

    Employers, Economists Hail Central Bank For Slashing Interest Rate To 27%
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    Politics Today
    After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary policy as inflation trends show consistent improvement. Concluding its two-day Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, the CBN decreased the Monetary Policy Rate (MPR) by 50 basis...
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  • Monetary Policy Committee Meeting Sparks Debate: Analysts Split on Whether a Rate Cut is Needed

    As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is...

    Monetary Policy Committee Meeting: Analysts Divided Over Need For Rate Cut
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    Politics Today
    As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is appropriate to loosen the restrictive monetary policy that has been maintained for over a year. Some analysts believe that the recent improvements in economic indicators provide the CBN with an...
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  • Tinubu’s Directive Fails to Stabilize Food Prices as Costs Continue to Fluctuate Across States

    According to reports from our field correspondents, the cost of essential food commodities continues to show varied trends across different states nationwide. While certain regions...

    Despite Tinubu’s Order, Food Prices Fluctuate Across States
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    Politics Today
    According to reports from our field correspondents, the cost of essential food commodities continues to show varied trends across different states nationwide. While certain regions are witnessing significant price declines, others are facing either stagnant or rising costs, despite ongoing federal government interventions. Earlier this month, President Bola Tinubu mandated a Federal Executive Council committee...
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  • Ekiti Optimistic: Targeted Interventions Set to Tackle Soaring Inflation, Says NBS Report

    The Ekiti State government remains optimistic that its strategic investments in improving business climate, enhancing road infrastructure, and expanding rural electrification will effectively combat the...

    NBS Report: Ekiti Confident Interventions Will Reduce High Inflation Rate
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    Politics Today
    The Ekiti State government remains optimistic that its strategic investments in improving business climate, enhancing road infrastructure, and expanding rural electrification will effectively combat the state’s soaring inflation rates. This confidence follows the release of the National Bureau of Statistics’ (NBS) August 2025 Consumer Price Index (CPI), which revealed that Ekiti recorded a year-on-year inflation...
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  • Rising Imports and Inflation Pose Major Threats to Auto Manufacturing Growth

    The Nigerian automotive sector is currently grappling with considerable challenges, as the surge in imported foreign vehicles combined with soaring inflation threatens the advancement of...

    Importation, Inflation Threatening Auto Manufacturing Growth
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    Politics Today
    The Nigerian automotive sector is currently grappling with considerable challenges, as the surge in imported foreign vehicles combined with soaring inflation threatens the advancement of indigenous vehicle manufacturing and assembly operations. Industry leaders have voiced apprehensions that these issues could derail government initiatives aimed at fostering local automotive production, curbing unemployment, and driving economic progress....
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  • Tinubu’s Economic Adviser Fires Back at Atiku: “Inflation Can’t Keep Rising Forever

    Tope Fasua, Special Adviser on Economic Affairs to President Bola Tinubu (Office of the Vice President), has come to the defense of the federal government’s...

    ‘Inflation Doesn’t Go Up Forever’, Tinubu’s Economic Adviser Counters Atiku
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    Politics Today
    Tope Fasua, Special Adviser on Economic Affairs to President Bola Tinubu (Office of the Vice President), has come to the defense of the federal government’s economic management, dismissing criticisms from former Vice President Atiku Abubakar in light of the recent inflation data released by the National Bureau of Statistics (NBS). Fasua characterized Atiku’s comments as...
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  • Naira Surges to 6-Month Peak at ₦1,497/$ Amid Slowing Inflation Boost

    In August 2025, Nigeria’s headline inflation rate eased to 20.12%, down from 21.88% recorded in July, reflecting a positive shift in the country’s economic landscape....

    Naira Hits 6-month High At N1,497/$ As Inflation Slows
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    Politics Today
    In August 2025, Nigeria’s headline inflation rate eased to 20.12%, down from 21.88% recorded in July, reflecting a positive shift in the country’s economic landscape. This improvement coincided with the Naira reaching its strongest position in six months, trading at N1,497 per US dollar on the Nigeria Autonomous Foreign Exchange Market (NAFEM), signaling enhanced economic...
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  • Nigeria’s Inflation Cools Further in August, Falling to 20.12% as Food Prices Ease

    In August 2025, Nigeria experienced a continued reduction in its inflation rate, which fell to 20.12% from 21.88% in July, marking the fifth month in...

    Nigeria’s inflation slows again in August, drops to 20.12% as food prices ease
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    Politics Today
    In August 2025, Nigeria experienced a continued reduction in its inflation rate, which fell to 20.12% from 21.88% in July, marking the fifth month in a row of declining inflation, according to recent figures released by the National Bureau of Statistics (NBS). This represents a 1.76 percentage point decrease compared to the previous month and...
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