Cardoso Urges Fiscal Authorities to Address 'New Sources' of Inflation
The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has called on the fiscal authorities to address new sources of inflation to complement the efforts of monetary policy in achieving price stability.
In his...
Rising Cost of Food: A Clash of Perspectives, by Sulaiman Auwal Marshall
Introduction:
Nigeria, a country blessed with abundant agricultural resources, faces the persistent challenge of high food prices. This issue has led to a clash of perspectives between Nigerian business owners and consumers, who hold...
Pressure on Households as Food Inflation Rises to 40%
Nigeria’s food inflation has continued on a steady rise, reaching 40.01 percent in March 2024 on a year-on-year basis, this is 15.56 percent higher compared to the rate recorded in March 2023 (24.45 percent) and 37.90...
Inflation Hits 33.20% in March - NBS
The National Bureau of Statistics (NBS) Monday, April 15, said the inflation rate increased from 31.70% in February 2024 to 33.20% in March 2024.
According to the Bureau in its Consumer Price Index (CPI) and Inflation Report March 2024,...
CBN/MPC: Tackling Inflation with Bold Decisions, by Abdulrahman Abdulraheem
For a country struggling with youth unemployment, poverty and other social issues and whose Gross National Income (GNI) per capita is just a little above $2000, any increase in the prices of goods, general hike in...
