Nigeria’s urban centres are experiencing higher inflation rates than rural areas following the rebasing of the Consumer Price Index (CPI), ...
A few days ago, the National Bureau of Statistics (NBS) announced that Nigeria’s inflation rate had dropped to 24.48% in ...
9h
The Punch Newspapers on MSNAlcohol, tobacco record highest inflation rateThe National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price ...
20m
Hosted on MSNInflation Rate Drop May Boost Investment, Drive Growth – ExpertsAsk CBN To Rethink Proposed N5000 Bill, Sustain Cashless Policy Instead …Say Continued Rise In Cost Of Food, Services Remains Critical Challenge LAGOS – Prof. John Ebhomien, an economist and financial ...
Lagos Chamber of Commerce and Industry (LCCI) has said the government must not get comfortable with a rebased inflation figure and lose the fight against ...
The steady appreciation of the naira was as a result of some $8 billion the federal government had used to keep it up to its ...
According to the report, Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the CPI by the National Bureau of Statistics, NBS. This represents a decline ...
3h
Daily Post Nigeria on MSNCBN spent $8bn on Naira defence against dollar at FX market – RewaneThe Chief Executive Officer of Financial Derivatives, Bismark Rewane, has revealed that the Nigerian government, through the ...
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets ...
The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This ...
3h
Daily Independent on MSNCPPE Applauds CBN’s Decision To Pause Rate Hikes, Calls For Future ReductionsCBNThe Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for its decision to pause rate hikes. Dr. Muda ...
9h
The Punch on MSNHigh FX, import costs limit business profitability – NESGNigeria’s business environment showed signs of improvement in January 2025, but businesses continued to struggle with profitability due to the high foreign exchange rate and rising import costs.
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