CBN raises interest rate to 26.25 % amid soaring inflation levels
The Central Bank of Nigeria (CBN) has hiked interest rates by 150 basis points, from 24.75% to 26.25%.
Following a two-day…
Browsing Tag
Inflation
CBN: We choose to combat galloping inflation against high unemployment
Dr Adetona Adedeji, Acting Director of the Central Bank of Nigeria's (CBN) Banking Supervision Department, has reaffirmed the…
Falling diesel prices will bring down inflation — Dangote
Aliko Dangote, Africa's wealthiest individual, predicts a decrease in inflation for Nigerians following the decline in diesel pump…
Hunger strikes: Corps members decry inflation impact in camps
Members of the National Youth Service Corps (NYSC) in the 2024 Batch A, Stream 1 orientation camps nationwide are grappling with…
Nigeria’s headline inflation reaches 29.90%
The country’s headline inflation moved to 29.90% percent in January 2024, according to the latest data released by the National…
Govs meet with NSA over insecurity, inflation
The Nigeria Governors’ Forum (NGF) convened a meeting with the National Security Adviser, Nuhu Ribadu, to discuss both the…
Inflation: We will open national reserves to address rising food costs — FG
Minister of Information and National Orientation, Mohammed Idris, said the federal government is planning to open the national…
Inflation to fall in 2024 — Cardoso
The Central Bank of Nigeria’s governor expects headline inflation to fall to 21.4 per cent in 2024.
Nigeria’s inflation climbs to 28.20% in October — NBS
Inflation surged to 28.20 per cent in October from 27.33 per cent in September, underscoring a worsening cost of living crisis in…
Cardoso projects two quarters to tackle inflation
The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, had said that the measures being put in place by the apex bank…