Nigeria’s Inflation Hits 29.9% In January 2024

Nigeria’s inflation rate for January 2024 rose to 29.90% from 28.92% recorded in the previous month according to the latest National Bureau of Statistics (NBS) inflation report. The increase shows that the inflation rate in the country is yet to slow down. The NBS report notes: “In January 2024, the headline inflation rate increased to

The Precarious Situation of a Dying Nation, Nigeria

Cooking Gas in Nigeria

Nigeria is a dying nation but very few miscreants are still pretending that all is well or will be fine even though the signs are glaring that the current leaders know nothing about the solution or ain’t willing to solve the problems. Ladies and Gentlemen, the current price of a cooking Gas is 1,500 naira

Canadian Province, British Columbia Announces Two-Year Ban On Nigerians, Others

British Columbia, a Canadian province, has banned tertiary institutions from admitting Nigerians and international students for the next two years. Federal Immigration Minister Marc Miller disclosed this recently in a statement. According to Miller, the measure aims to decrease new student visa issuance by 35 per cent for the current year as the province addresses

How Abuse of Ways & Means worsened inflation in Nigeria

Amidst lingering controversies over the securitization of outstanding Ways & Ways, economists and financial analysts have indicated that the measure poses a huge threat to price stability with sustained inflationary pressures. They also hinted that the situation has now burdened the Central Bank of Nigeria, CBN, with a battle to control excess money in circulation

The Irony of the two nations, India and Nigeria

The biggest country in Africa that the United Kingdom colonized is Nigeria. The biggest country that the United Kingdom colonized in Asia is India (which then comprised the present Pakistan and Bangladesh). When the UK came into Nigeria and India, like all other countries they colonized, they brought along their technology, religion (Christianity), and culture: