News Nigerians borrow ₦3.9bn as inflation heightens — CBN Alagbe Shenayon Jun 24, 2024 Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria (CBN), said…
News World Bank doubts CBN’s monetary policy will curb inflation Alagbe Shenayon Jun 14, 2024 The World Bank has expressed doubt that the Central Bank of Nigeria's (CBN) tightening of monetary policy will effectively combat…
News CBN raises interest rate to 26.25 % amid soaring inflation levels Toyibat Ajose May 21, 2024 The Central Bank of Nigeria (CBN) has hiked interest rates by 150 basis points, from 24.75% to 26.25%. Following a two-day…
News CBN: We choose to combat galloping inflation against high unemployment Toyibat Ajose Apr 27, 2024 Dr Adetona Adedeji, Acting Director of the Central Bank of Nigeria's (CBN) Banking Supervision Department, has reaffirmed the…
News Falling diesel prices will bring down inflation — Dangote Alagbe Shenayon Apr 11, 2024 Aliko Dangote, Africa's wealthiest individual, predicts a decrease in inflation for Nigerians following the decline in diesel pump…
News Hunger strikes: Corps members decry inflation impact in camps Esther Adekanla Feb 19, 2024 Members of the National Youth Service Corps (NYSC) in the 2024 Batch A, Stream 1 orientation camps nationwide are grappling with…
Business Nigeria’s headline inflation reaches 29.90% Toyibat Ajose Feb 15, 2024 The country’s headline inflation moved to 29.90% percent in January 2024, according to the latest data released by the National…
News Govs meet with NSA over insecurity, inflation Alagbe Shenayon Feb 9, 2024 The Nigeria Governors’ Forum (NGF) convened a meeting with the National Security Adviser, Nuhu Ribadu, to discuss both the…
News Inflation: We will open national reserves to address rising food costs — FG Toyibat Ajose Feb 7, 2024 Minister of Information and National Orientation, Mohammed Idris, said the federal government is planning to open the national…
News Inflation to fall in 2024 — Cardoso Toyibat Ajose Jan 24, 2024 The Central Bank of Nigeria’s governor expects headline inflation to fall to 21.4 per cent in 2024.