Nigerian Economy in Crisis: Naira Falls to Historic Low of N1,555/$

The Nigerian economy is facing a significant crisis as the naira plummets to a historic low of N1,555 per dollar in the parallel market. This alarming depreciation has far-reaching implications for the country’s economic stability, inflation rates, and the daily lives of its citizens. The Causes Behind the Decline Several factors have contributed to... Read More

Nigerian Senate Warns Tinubu: Act on Food Scarcity Before Patience Runs Out

The Senate has urgently called on the federal government to address the escalating hunger crisis caused by food insecurity, which has reached emergency levels. The Senate urged President Bola Tinubu’s administration to implement measures to combat the current food insecurity, emphasizing that patience and tolerance among Nigerians are wearing thin due to increasing hunger... Read More

Rising Food Costs: Why Prices Will Continue to Climb

Mrs. Hannatu Ajiji, an official at the Tomatoes/Pepper Market along Bauchi Ring Road in Jos, Plateau State, explains the fluctuating prices of food items. “We don’t tell people about prices of tomatoes and pepper again because they may fluctuate at any time. Sometimes, we sell at a particular price in the morning and by... Read More