New Telegraph reports that the monthly inflation rate commonly referred to as Consumer Price Index (CPI) has risen by 0.15 per cent from 18.33 per cent to 18.48 per cent in the month of November, according to the monthly inflation data released by the National Bureau of Statistics (NBS). NBS cited increases in costs of water, housing, electricity, gas and clothing ...
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Tag Archives: inflation
7 “Dos’ and Don’ts” of Pre-Real Estate Investing For Entrepreneurs
Why should entrepreneurs invest in the first place? The answer is: to have enough money to live on when we no longer can or wish to work. To put that money aside, however, we have to accumulate enough to offset inflation, stem the tide of the economic recession and other expenses that erode our savings. And for that purpose, real estate is ...
Read More »The Necessity For Affordable Housing
Nigeria is perhaps the fastest urbanizing country in the African continent. One of the most important challenges facing the country is the provision of affordable housing. In Nigeria, many people always wait with keen interest to listen to budget speech at the beginning of each year. This is for nothing sake, but to hear how much have been allocated to ...
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