By Helen Okechukwu, JKNewsMedia Reporter NIGERIA’s ECONOMIC growth outlook has improved slightly for 2026, but rising food and energy prices threaten to deepen poverty and food insecurity, the International Monetary Fund (IMF) has warned. JKNewsMedia.com reports that the Fund raised its growth forecast for Nigeria to 4.2 per cent from 4.1 per...
THE NATIONAL Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate surged to 34.60% in November 2024, up from 33.88% recorded in October. This 0.72% increase marks a concerning upward trend, with inflation now 6.40% higher than the 28.20% recorded in November 2023. The NBS Consumer Price Index (CPI) report highlighted a sharp r...
