Tag: inflation
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 ...
IMF to Nigeria: Make clear policy decisions to control inflation
The International Monetary Fund (IMF) has admonished Nigeria and other countries to make clear policy decisions for price stability amid ...
CBN raises interest rate to 15.5% to curb inflation
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from ...
How multiple taxation is worsening inflation and affecting many families – Traders tell govt
Nigerian traders, under the auspices of Market Traders Association of Nigeria (MATAN) have disclosed what multiple taxation by government will ...
Inflation: Why we can’t have general salary review now – Buhari
President Muhammadu Buhari on Friday acknowledged the imperative nature of a general salary review for federal civil servants due to ...
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