Nigeria Inflation Rate to Stabilize at 14% by 2029 – IMF
According to the International Monetary Fund's latest data, Nigeria's inflation rate is expected to stabilize at 14% in 2029, marking a potential end to the current upward trend.
This projection brings relief amidst concerns over...
FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation
The federal government is considering suspending import duties on staple food, drugs, and other essential items for six months to slow inflation in the country.
According to a Bloomberg report, the government may also waive...
Despite Inflation, Nigeria’s Economy Growing Significantly – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing appreciable growth that may see the high inflation rate in the country come down drastically in a...
Inflation to Reduce in Coming Months – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has expressed optimism that with the measures in place, core and headline inflation will come down in the coming months.
He also disclosed a new strategy...
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...
