Tag: inflation
Ukraine: US bans transactions with Russian central bank
The United States of America has banned all US transactions with Russia’s central bank effective immediately. This was made known ...
Nigeria’s inflation rate rises to 15.63%
Late last year in Nigeria, the consumer price index, which measures the rate of increase in the price of goods ...
World Bank: Nigeria’s inflation rate may be among world’s highest in 2022
The World Bank has disclosed that Nigeria may have one of the highest inflation rates globally in 2022, with increasing ...
World Bank: Inflation could push six million Nigerians into poverty
The World Bank disclosed that the increase in prices that occurred between June 2020 and June 2021 could push about six ...
Nigeria’s inflation falls further to 15.99% in October
The consumer price index (CPI), which measures the rate of change in prices of goods and services, declined for the ...
Nigeria’s inflation falls for 5th time to 17.01%
Nigeria’s consumer price index has shown a decrease in inflation rate from 17.38 per cent in August to 17.01 per ...
Nigeria’s inflation rate drops to 17.38% in July
The Consumer Price Index, which measures inflation dropped further to 17.38 per cent (year-on-year) in July 2021. This is 0.37 ...
Nigeria’s inflation falls, first time in 21 months
Nigeria’s inflation rate reduced by 0.05 per cent in April compared to what obtained in March, the National Bureau of ...
Atiku Abubakar: Nigerian workers living from hand to mouth
Former vice-president, Atiku Abubakar has stated that workers in Nigeria have "never had it so bad" with their survival looking ...
Despite high inflation, CBN retains lending rate
The Central Bank of Nigeria has retained the policy rate at 11.5 per cent despite the country’s three-year high inflation, ...
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