Rising Inflation Threatens FG’s N5.1trn Revenue Target
The drive by the federal government (FG) to raise its revenue this year to N5.08 trillion, is now threatened by sustained inflationary pressure.
The government had hoped to ramp up the revenue target with the increase in the Value...
Nigerians Fear Weaker Economy From Rising Inflation - CBN Report
Respondents in a survey carried out by the Central Bank of Nigeria’s Statistics Department in the fourth quarter of 2018, showed that more Nigerians were sceptical of the country having a weaker economy from rising...
Standard Chartered Projects Stronger Global Economic Growth
Standard Chartered Bank has predicted a stronger economic growth with rising inflation for the global economy in 2018.
This formed part of the Wealth Management Advisory Outlook for 2018 of the international bank titled: “Turning up the Heat.”
According to...
The latest report released by the National Bureau of Statistics (NBS) revealed that the Consumer Price Index (CPI) which is basically seen as the inflation rate has yet again increased from the 17.1 percent recorded in July to 17.6 percent in August. This is...
