Tag: inflation
Zoom set to fire 1,300 workers
Zoom, a video conferencing app, has announced plans to lay off 1,300 employees from its overall workforce. The decision was ...
JUST IN: Nigeria’s Inflation Jumps To 21.47% In November
Nigerian inflation surged for the tenth consecutive month in November, reaching 21.47%. The result indicates that the general price level ...
UK inflation falls to 10.7% as petrol prices drop
The inflation rate in the United Kingdom fell slightly to 10.7 percent in November from a 41-year high of 11.1 ...
We Don’t Have Enough Forex, Says Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has bemoaned the shortage of foreign exchange in the country. ...
CBN to reduce volume of N500, N1000 in circulation, gives reason
The Central Bank of Nigeria (CBN) says it is mulling reduction of the amount of higher denominations — N500 and ...
Inflation: CBN raises interest rate to 16.5%
The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 ...
BREAKING: Nigeria’s inflation surges to 21.09% amid soaring food prices
The consumer price index (CPI) surged to 21.09 percent in October 2022, a new report by National Bureau of Statistics ...
Naira redesigning: Moghalu backs CBN, says move will tackle inflation
Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN) says he's in support of the ...
Tinubu rejects CBN’s method of tackling inflation
The Presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has rejected the method of the Central ...
Addressing insecurity vital to tackling high food inflation – Peter Obi
Peter Obi, presidential candidate of the Labour Party (LP), says insecurity in Nigeria is taking a huge toll on the ...
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