LCCI Warns Against Possible Rise In Inflation   The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming months from the current 11.25 per cent as the nation continues to shut its borders to its West...

Emefiele Rules Out Interest Rate Cut This Year Over Inflation   With three more months to wrap up the year, leaving one more rate meetings and inflation rate at 11.02 per cent, there appears a near impossibility for the nation’s rate-setters to slash the current Monetary...

Inflation Dropped To 11.02% In August, NBS Says   The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation, dropped from 11.08 per cent in July to 11.02 per cent in August. The bureau in the report stated that inflation rate of...

CBN May Slash Rate As Inflation Slows To 12-month Low   Analysts have indicated that the latest inflation figures from the Nigerian economy are good news for the Central Bank of Nigeria (CBN) and the economy as a whole. Inflation in Africa’s largest economy dropped to...

FSDH Expects June Inflation To Drop To 11.32%   FSDH Research expects the June 2019 inflation rate to drop to 11.32 per cent from 11.40 per cent recorded in May 2019. The FSDH Merchant Bank disclosed this in the July edition of its monthly economic and financial...

TUC Knocks FG For N24.3trn Debts, Others The outgoing President of the Trade Union Congress, Mr Bobboi Kaigama, has knocked the Federal Government on the country’s debt profile and the increasing rate of inflation in the country. He expressed these concerns at the opening of the...