Nigeria’s inflation rate skyrockets to 20.52%, highest since October 2005 Oluwadamilare Emmanuel Sep 15, 2022 Nigeria’s consumer price index (CPI), which measures inflation rate, surged to 20.52 percent in August 2022, up from 19.64 percent…
Business CBN raises savings interest to 4.2% Oluwadamilare Emmanuel Aug 17, 2022 The Central Bank of Nigeria (CBN) has announced an upward review of the minimum interest payable to 30 per cent of the Monetary…
How soaring inflation puts Central Banks in tight position – IMF Oluwadamilare Emmanuel Aug 7, 2022 The International Monetary Fund has said that Central banks in major economies expected as recently as a few months ago that they…
News Inflation: Workers seek salary increase Toyibat Ajose Jul 30, 2022 Following the increase in the pump price of petrol, some federal and state civil servants have appealed to both governments to…
IMF forecasts global recession as inflation soars across nations Oluwadamilare Emmanuel Jul 28, 2022 The International Monetary Fund (IMF) has predicted the imminence of a global recession that could be driven by rising inflation…
Business Nigeria’s inflation rate hits five-year high at 18.60% Toyibat Ajose Jul 15, 2022 The consumer price index (CPI), which measures the rate of change in prices of goods and services, hit a five-year record high…
Nigeria’s inflation surges to 11-month high, hits 17.71% Oluwadamilare Emmanuel Jun 16, 2022 Nigeria’s consumer price index
Business Inflation hits 15.92% as food, gas prices rise in Nigeria Oluwadamilare Emmanuel Apr 16, 2022 The Consumer Price Index (CPI) which measures inflation
Business Reps seek re-introduction of coins to tackle inflation, stabilise economy Oluwadamilare Emmanuel Mar 23, 2022 The House of Representatives has asked the Central Bank of Nigeria to reinforce the use of coins in the country, as part of…
Nigeria’s inflation rate rises to 15.70% Oluwadamilare Emmanuel Mar 15, 2022 Nigeria’s consumer price index, (CPI) which measures inflation