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...
In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion...
Euro remains stable By Odunewu Segun The British Pound Sterling suffered a fall in the foreign exchange market following the rise in prices of consumer products...
Experts have warned that the inflation in the country may possibly rise by 20 percent in the first quarter of the year. Nigeria’s current inflation rate...
The sum up of Consumer Price Index (CPI) reports from the National Bureau of Statistics (NBS) in 2016, indicates that the rate of inflation in Nigeria increased...