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Category: Economy

Consumer, Grassroots Groups Applaud Tinubu for Fast-Tracking Food Price Reduction |LAGOS EYE NEWS

The Northern Consumers Protection Association (NCPA) and the Grassroots Mobilisation Initiative have commended President Bola Tinubu for directing a Federal Executive Council (FEC) committee to fast-track measures aimed at reducing food prices across the country. In a joint statement signed by NCPA leader Ahmed Abubakar and Grassroots Mobilisation Initiative national coordinator Samaila Musa, the groups […]
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Nsanje Railway Project Will Boost Economic Opportunities, Says Malawi President |LAGOS EYE NEWS

President Lazarus Chakwera has reaffirmed his government’s commitment to reviving the Nsanje railway line, saying the project will open up economic opportunities and help restore the district’s township status. Speaking at Nsanje Boma during whistle-stop rallies ahead of the September 16 polls, Chakwera who is also the Malawi Congress Party (MCP) presidential candidate said the […]
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Nigeria’s Inflation Falls to 21.88% in July, Extending Four-Month Disinflation Streak |LAGOS EYE NEWS

Nigeria’s headline inflation rate eased to 21.88% in July 2025, down from 22.22% in June, according to fresh data from the National Bureau of Statistics (NBS). The latest Consumer Price Index (CPI) report, released on Friday, shows a 0.34 percentage point decline from June’s figure, marking the fourth consecutive month of disinflation this year. Compared […]
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WTO DG Okonjo-Iweala Commends Tinubu for Stabilizing Nigeria’s Economy |LAGOS EYE NEWS

ABUJA — The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has lauded President Bola Ahmed Tinubu and his economic team for what she described as the stability achieved in Nigeria’s economy. Speaking to journalists after a meeting with the President at the State House, Abuja, on Wednesday, Okonjo-Iweala said the WTO believes […]
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