Tag: inflation
Inflation: Prices of tomatoes, beans, others increase by 300% in one year — NBS
The increment in June 2024 shows massive differential from their previous prices in the corresponding period of 2023 The prices ...
BREAKING: Nigeria’s inflation soars to 34.19% in June amid hardship
The development is contained in the latest Consumer Price Index and Inflation report released on Monday by National Bureau of ...
Worst of Naira Volatility Over, Says Cardoso
Governor Olayemi Cardoso believes the naira's volatility has peaked, citing recent stability and controlled market operations as contributing factors Despite ...
How we plan to tame galloping inflation – CBN governor, Cardoso
He added that MPC members would continue to keenly monitor inflation trends and ensuring a moderation of inflation numbers. The ...
Nigeria’s inflation soars to 33.95% in May as economic crisis worsens
There is a 0.26 per cent points increase in May when compared to the April 2024 headline inflation rate which ...
Hike in interest rate detrimental to Nigeria’s economy, won’t contain inflation, World Bank tells CBN
.Many have also opined that Nigeria's inflation is largely cost push and not demand pull, hence monetary policies measures taken ...
To stabilise economy, check inflation, tax reform committee asks FG to peg customs import duty rate at N800/$
He noted that the incessant changes in import duty occasioned by erratic FX makes it difficult for businesses to plan ...
BREAKING: CBN raises interest rate to 26.25%
Hold 295th MPC meeting In May 2023, Nigeria’s interest rate stood at 18.75 per cent The Central of Nigeria Monetary ...
CNG vehicles will bring down Nigeria’s inflation – FG
He noted that Nigerians can save between 40 to 50 per cent of what's currently being spent on petrol upon ...
BREAKING: Nigeria’s inflation rate soars to 33.69% in April as hardship worsens
Inflation in Nigeria has continued its upward trend since President Bola Tinubu assumed office last year. Nigeria’s inflation rose to ...
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