Tag: inflation
Bakers hike bread price by 20% amid biting inflation
Nigerian bakers have announced an increment in the price of bread by 20 percent amid soaring costs of production. Last ...
Food price increase will plunge Nigerians into poverty, says FG
The Federal Government has cautioned that the current increase in the price of food items might plunge more citizens into ...
BREAKING: CBN raises interest rate to 14%
The Central Bank of Nigeria has raised the interest rate to 14 percent. This new development is coming barely two ...
IMF: Inflation pushing Nigeria, others to the brink
IMF: Inflation pushing Nigeria, others to the brink
Tough time ahead as governors say rising subsidy will stop states from paying salaries
The Nigeria Governors’ Forum has decried that the subsidy on petroleum products, especially Premium Motor Spirit (petrol), has placed a ...
LCCI to CBN: Raising interest rate alone will not tackle inflation
The Lagos Chamber of Commerce and Industry (LCCI) has admonished the Central Bank of Nigeria (CBN) to roll out more ...
World Bank: Nigerian govt’s response to inflation inadequate
The World Bank has stated that the Federal Government's response to inflation is inadequate as the country continues to suffer ...
World Bank: Inflation will push 15 million Nigerians into poverty in two years
The World Bank has disclosed that inflation shock is projected to push about 15 million more Nigerians into poverty between ...
World Bank to Nigeria: CBN’s intervention funds fuelling inflation
The World Bank has said the Central Bank of Nigeria’s development finance intervention is fuelling inflation in the short term ...
Why Nigeria’s inflation rate went up in March – NBS
Nigeria inflation figure witnessed a 0.22 increase In March 2022 leaving the current rate at 15.92, the National Bureau of ...
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