Tag: inflation
Nigeria risks financial instability in Q2 amid MPR, inflation hikes
The nation's economic outlook for the second quarter appears bleak, with the naira trading below par against the dollar and ...
Inflation Rate Soars To 21.91% — Highest In 17 Years
Nigeria's headline inflation rate rose to 21.91 percent in February 2023 from 21.82 percent of January 2023, report from the ...
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 ...
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