Analysts predict that the headline inflation rate will rise in August. Despite two consecutive months of disinflation, the rate is expected to remain elevated. Projections for the August inflation rate range from 15.3% to 15.94%.
This follows July's inflation rate of 15.43%. The predicted increase suggests that inflation may be on the rise again.
Further details on the projected inflation rate and analysis are available from the source, Nairametrics.
government
The Lagos State Government has asked the National Hajj Commission of Nigeria, NAHCON, to increase its allocation of pilgrimage slots for the 2027 Hajj, citing the rising number of residents seeking to participate in the annual Holy Pilgrimage to Saudi Arabia. The Commissioner for...
News
Former President Olusegun Obasanjo has mourned the passing of ex-PDP chairman, Alhaji Bamanga Tukur, describing him as a patriot and a colossus. Read More: https://punchng.com/obasanjo-mourns-bamanga-tukur-says-nigeria-lost-a-colossus/...
News
The Nigerian Army has confirmed that six Islamic scholars were abducted in Zamfara State but denied reports that they were kidnapped at the residence of former governor, Abdul’aziz Yari in Talata Mafara Local Government Area. The Army said the clerics were abducted while travelli...
business
The offer comprises 4.1 billion ordinary shares at ₦525 per share, providing investors with an opportunity to own a stake in a company that plays a strategic role in Nigeria's energy and industrial landscape. The post How to buy Dangote Refinery shares through FirstMobile, FirstO...
News
Nigeria’s President Bola Tinubu has called for deeper cooperation with BRICS countries in artificial intelligence, digital public infrastructure, fintech, telecommunications, critical minerals and advanced manufacturing, as the Federal Government seeks to attract investment and a...
News
A Senior Advocate of Nigeria, Femi Falana, has called on the Federal Government to move beyond diplomatic condemnations and institute legal proceedings against South Africa over the alleged killings and abuse of Nigerians in the country . Falana’s call follows the reported ...
safety
The NDLEA has intercepted UK-bound synthetic cannabis and other drugs concealed in bread and music speakers, arresting several suspects across Nigeria. Read More: https://punchng.com/ndlea-seizes-uk-bound-cannabis-drugs-hidden-in-bread-speakers/...
News
Commercial motorcyclists in Bwari Area Council, FCT, have decried rising cases of motorcycle theft in communities across the area. The motorcyclists expressed their concerns in separate interviews with the News Agency of Nigeria on Sunday in Bwari, Abuja. The riders called on sec...
News
THE BIG STORY For more than a year, Nigeria’s opposition has been talking about the need to unite against the APC. This week, the conversation became more difficult. The question is no longer simply whether the opposition can come together. It is who gets to lead it. Rabiu ...
News
Nigeria’s capital market is about to witness one of the most significant transactions in its history. The planned Initial Public Offering (“IPO”) of Dangote Petroleum Refinery and Petrochemicals FZE (“DPRP” or “Dangote Refinery”) brings to the Nigerian Exchange an enterprise that...
business
For millions of Nigerian businesses, the problem may not be that they have nothing to prove their creditworthiness. It may be that lenders have historically been looking for the wrong proof. For decades, if you’re talking about small-business loans in Nigeria, the discussion pret...
News
Nigerian comedian, Real Warri Pikin, has won the Best Stand-Up Comedian award at the 2026 African Muzik Magazine Awards (AFRIMMA) in Dallas, Texas. Read More: https://punchng.com/real-warri-pikin-wins-best-stand-up-comedian-at-afrimma-2026/...
