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...
The National Bureau of Statistics (NBS) on Wednesday revealed that inflation declined in the country. The Bureau in its report indicated that annual inflation in Nigeria stood at...
The U.S. dollar soared against a basket of major world currencies, on Wednesday, February 14, after a stronger-than-expected report of U.S. consumer prices raised expectations that...
The FSDH Merchant Bank Limited expects inflation rate to drop to a single digit by the second half of the year if there is no adjustment...
Former vice President of Nigeria and a chieftain of the ruling All Progressives’ Congress, Alhaji Atiku Abubakar has said rising inflation rate remains a major obstacles...
Annual inflation in Nigeria slowed for a sixth month in July, easing to 16.05 percent, but the rise in food inflation was the biggest in...
By Odunewu Segun The Central Bank of Nigeria has replied those calling for further devaluation of the Naira, saying any devaluation would escalate inflation and worsen...