Inflation Hit 29.90% in January 2024 – NBS
Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024.
According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...
Inflation Hit 29.90% in January 2024 – NBS
Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024.
According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...
Interest Rate Hike Will Contain Inflation, Pressure On Naira - IMF
The International Monetary Fund (IMF) says the decision by the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) to increase the interest rate will help contain pressure on the naira.
According to...
Oil Prices Fall As US Inflation Prompts Weak Demand
On Thursday, oil prices fell as inflation data from the United States indicated a softening of the world’s biggest economy which could weaken crude oil demand.
Brent futures went down by 6 cents to $83.62 a barrel...
Inflation: CBN Mops Up N1.51trn in 16 Weeks to Stabilise Economy
The Central Bank of Nigeria (CBN) has issued a total of N1.5 trillion in Open Market Operation (OMO) bills since Olayemi Cardoso took the helm as governor in a bid to stem inflation and...
Cardoso, Edun, Others Appear Before Senate Committee
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has addressed Senator Adetokunbo Abiru, APC Lagos, East-led Senate Committee on Banking, Insurance, and other Financial Institutions.
Edun, who led the economic team, the Governor of the...
