Archives Tag: inflation
4 Pricing Strategies to Help Your Business Survive Inflation
April 19, 2022
As of this article’s writing, Nigeria is in the grip of intense inflationary pressure. On average, prices have shot up 33% in the last year. Energy, food, and transportation costs have soared by much greater margins. If there ever was a need for businesses to adopt smart pricing strategies, it’s now. They’ll either do … Continue reading 4 Pricing Strategies to Help Your Business Survive Inflation
10 Ways to Reduce Monthly Expenses in Nigeria
April 19, 2022
Living in Nigeria today comes with its unique challenges, most are finance-related. This is because of many reasons including the high inflation rates and fluctuating fuel prices. Managing your monthly expenses has probably not been as difficult as today. Read more about Finance While many are focused on increasing their incomes through various sources, … Continue reading 10 Ways to Reduce Monthly Expenses in Nigeria
Inflation: What You Need to Know
April 19, 2022
Inflation is a term that has almost become a buzzword in Nigeria. It frequently surfaces in discussions about the economy, food, transportation etc. Yet many people find it challenging to grasp its full implications and how it affects the ordinary man on the streets. Therefore, understanding is crucial as it affects everyday life—from the … Continue reading Inflation: What You Need to Know
6 Dollar Investment Apps to Protect Your Funds from Inflation in 2024
April 19, 2022
Over the past few years—and especially in recent months –Nigerians have watched in despair as the real value of their savings has plummeted. Battered by inflationary pressures and steep devaluations, the national currency is struggling (and failing) to stay stable. The costs of basic food items, clothing, housing and services are shooting through the … Continue reading 6 Dollar Investment Apps to Protect Your Funds from Inflation in 2024
How to Maintain High Customer Patronage Despite Surging Inflation
April 19, 2022
In recent times, Nigerians have had to cope with increasing inflation. This is a challenge for businesses. As prices have risen, customers have become more cautious with their spending, leading to decreased sales and customer patronage. But this doesn’t have to be the case for your enterprise. There are a number of proactive strategies … Continue reading How to Maintain High Customer Patronage Despite Surging Inflation
How Business Owners Can Cope with the Present Inflation in Nigeria
April 19, 2022
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 22.22 per cent on a year-on-year basis in April 2023. According to the report, the figure is 0.18 per cent points higher compared to the 22.04 per cent recorded in March 2023. It said on a year-on-year basis, the headline inflation … Continue reading How Business Owners Can Cope with the Present Inflation in Nigeria
Navigating Inflation: Strategies for Spending Money Wisely
April 19, 2022
Inflation, an economic phenomenon characterized by rising prices and a decrease in purchasing power, can significantly impact individuals’ financial well-being. During times of inflation, it becomes crucial to adopt smart and strategic spending habits to stretch your money further. This essay explores effective strategies for spending money wisely in the midst of an inflation … Continue reading Navigating Inflation: Strategies for Spending Money Wisely
These 5 Apps Will Protect Your Money Against Inflation
April 19, 2022
As prices across the board continue to soar and living gets ever more expensive, there’s a lot of concern that the real value of incomes is being depleted. This concern isn’t misplaced. The National Bureau of Statistics (NBS) says that the annual inflation rate currently stands at about 21%. In other words, it has … Continue reading These 5 Apps Will Protect Your Money Against Inflation
How To Minimize Inflation’s Damage To Your Business In 4 Expert Steps.
April 19, 2022
Doing business in Nigeria comes with a lot of challenges, especially from the policies of the government. Most businesses become casualties of wrong policies. Some of these policies are economically inclined and therefore, inflation might erupt which can affect businesses. Read more about Business According to Investopedia, inflation is a measure of the rate of … Continue reading How To Minimize Inflation’s Damage To Your Business In 4 Expert Steps.
Strategies To Manage Your Business During Inflation
April 19, 2022
Inflation has become a household name in our world today. With the prices of things rising and the general well-being of people being jeopardized. It has never been more important to talk about the way out for businesses. Read more about Business A lot of small businesses and even the so-called “big-guns” are faced … Continue reading Strategies To Manage Your Business During Inflation
Business Growth Tips: How To Make Your Business Thrive Despite Inflation
April 19, 2022
It’s difficult to run a business when you have to deal with high, persistent inflation. With prices constantly rising, your inputs get expensive, and setting prices for your products or services becomes a tricky task. Read more about Business growth tips If you’re a business owner in Nigeria, you’ll know how challenging this sort … Continue reading Business Growth Tips: How To Make Your Business Thrive Despite Inflation
How To Protect Your Wealth From Inflation
April 19, 2022
In recent times, there’s been a sustained rise in the price of many essential products and services. Some of the steepest climbs have happened with food items. But goods from every aspect of the average Nigerian’s life have become more expensive. Read more about How To Economists call this phenomenon inflation. Inflation Explained Sometimes … Continue reading How To Protect Your Wealth From Inflation
Eurozone Inflation Becomes the Focus as Market Looks for Signs of Global Recovery
April 19, 2022
The euro endured a tough start to last week with the EUR/USD dipping to fresh lows below the 1.3500 handle in the wake of the mixed data from Germany’s ZEW survey and disappointing Eurozone manufacturing and services PMIs. The market will be hoping Friday’s Consumer Price Index announcement will be more positive, with analysts predicting a … Continue reading Eurozone Inflation Becomes the Focus as Market Looks for Signs of Global Recovery
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