Tag: inflation
Inflation: Ghana’s Central Bank raises interest rate to 22%
The Bank of Ghana (BOG) has increased its monetary policy rate (MPR) from 19 percent to 22 percent in a ...
Insecurity, inflation: Governors to meet Buhari over troubling state of nation
The 36 governors of states of the federation have scheduled a meeting with President Muhammadu Buhari over the parlous state ...
JUST IN: Nigeria’s inflation rate hits 19.64% — highest in 17 years
The consumer price index (CPI) grew to 19.64 percent in July 2022, up from 18.60 percent in the previous month. ...
Why Nigeria is vulnerable to food price hike – Pat Utomi
Pat Utomi, a professor of political economy, says Nigeria has been badly hit by rising cost of food because the ...
Bakers hike bread price by 20% amid biting inflation
Nigerian bakers have announced an increment in the price of bread by 20 percent amid soaring costs of production. Last ...
Food price increase will plunge Nigerians into poverty, says FG
The Federal Government has cautioned that the current increase in the price of food items might plunge more citizens into ...
BREAKING: CBN raises interest rate to 14%
The Central Bank of Nigeria has raised the interest rate to 14 percent. This new development is coming barely two ...
IMF: Inflation pushing Nigeria, others to the brink
IMF: Inflation pushing Nigeria, others to the brink
Tough time ahead as governors say rising subsidy will stop states from paying salaries
The Nigeria Governors’ Forum has decried that the subsidy on petroleum products, especially Premium Motor Spirit (petrol), has placed a ...
LCCI to CBN: Raising interest rate alone will not tackle inflation
The Lagos Chamber of Commerce and Industry (LCCI) has admonished the Central Bank of Nigeria (CBN) to roll out more ...
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