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Inflation
World Bank Projects 2.8 Million More Nigerians to Fall Into Poverty Due to Inflation and Low Growth
By Milcah Tanimu
The World Bank has projected that rising inflation and low economic growth in Nigeria will result in an additional 2.8...
Nigeria’s inflation increases to 22.22%
Nigeria’s April inflation figure increased to 22.22 per cent from 22.04 per cent last month.
The National Bureau of Statistics Consumer Price Index released the...
Inflation hits 21.47 percent in November – NBS
Inflation rate rose from 21.09% in October to 21.47% in November 2022, according to the National Bureau of Statistics (NBS).In its document titled: ”...
CBN Raises Interest Rate to 16.5% To Battle Inflation
The Central Bank of Nigeria, CBN has raised its interest rate to 16.5 per cent in a bullish move to stymie rising inflation and...
CBN and the lost fight against Inflation
By Adefolarin A Olamilekan
The global economy is currently uninspiring as it is still under the sieges of inflation. That demonstrates a spike in over 9%...
BREAKING: Inflation Hits 20.52%
The Consumer Price Index (CPI) which measures inflation rose to 20.52 per cent year on year in August compared to 17.01 per cent in...
Inflation: CBN not doing enough, says Chapel
The Correspondents' Chapel of the Nigeria Union of Journalists in Akwa Ibom has said that most policies of the Central Bank of Nigeria, CBN...
Nigeria’s Inflation Rate Hits 19.64%
The country’s Consumer Price Index (CPI), which measures the level of price change in goods and services, hit 19.64 percent in July 2022 from...
Nigeria’s Inflation Rate Hits Five-Year High At 18.60%
The consumer price index (CPI), which measures the rate of change in prices of goods and services, hit a five-year record high leapfrogging from...
Inflation pushing Nigeria, others to the brink — IMF
THE International Monetary Fund has said inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink.
The Managing...
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