Nigeria’s inflation surged to 24.08% in the month of July 2023, a 129 basis-point increase compared to 22.79% recorded in the previous month. This represents the...
The Central Bank of Nigeria has highlighted some of the factors pushing up inflation rate across the globe, citing the ongoing war between Russia...
Nigeria’s inflation rate, which stood at 22.41 per cent in May, rose for the sixth consecutive month to around 24 per cent in June,...
Some experts have advised the Central Bank of Nigeria (CBN) to review its monetary policy tools in order to tame the rising inflation. Dr Muda Yusuf,...
The Naira on Friday weakened at the parallel market as it traded for N454 to $1 due to the high demand for the Dollar by foreign...
Nigeria’s consumer price index, which measures inflation increased to 11.24% in September 2019. This was revealed in the latest inflation report released by the National Bureau of Statistics...
The Lagos Chamber of Commerce and Industry (LCCI) has raised the alarm over the high inflation rate and debt profile of the country. The Chamber also...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set to recapitalise Nigerian commercial banks. This...
In sharp contrast to analysts’ forecast, Nigeria’s annual inflation rate declined marginally to 11.26 per cent in October 2018 from 11.28 per cent in September. The...
By Odunewu Segun Deepening poverty and increasing unemployment marked President Muhammadu Buhari’s third year in office as on the aggregate Nigerians are poorer than when Buhari...
