Why single digit inflation rate may not be possible – Report
A report by Nigeria’s geopolitical intelligence platform, SB Morgen has said the single-inflation-rate target set by the monetary authority may ...
Tag: Inflation
How CBN intervention funds fuel inflation – World Bank
The World Bank has advised the Central Bank of Nigeria (CBN) to slow down on continued provision of subsidised funding ...
Germans turn to food banks as inflation soars
German pensioner Gabriele Washah waits in line to fill her trolley with bags of carrots for 50 cents, yoghurts just ...
Nigeria’s inflation rises to 17.71%
Nigeria’s inflation rate has risen to 17.71 per cent, the National Bureau of Statistics (NBS) has said. In its latest ...
CBN holds interest rate at 11.5%, says inflation will drop in 2022
The Central Bank of Nigeria (CBN) on Tuesday said inflation will drop in 2022 as it retained interest rate at ...
Inflation rises to 15.63%, may affect 2022 budget benchmark
Nigeria’s headline inflation rate has risen to 15.36 per cent in December 2021, after an eight month period of consecutive ...
World Bank: 8m Nigerians pushed into poverty in 2021
Nigeria may have one of the highest inflation rates globally and the seventh highest among Sub-Saharan African countries in 2022, ...
CBN forex policies causes fuel inflation – World Bank
The World Bank has attributed the declining foreign investment to the country and fuel inflation to inconsistencies in the exchange ...
Inflation drops to 15.99% in October
The monthly consumer price index (CPI) report of the National Bureau of Statistics (NBS) released on Monday, shows that the ...
SPECIAL REPORT: Parents adopt cost saving measures as schools resume
Skyrocketing inflation, accelerated naira depreciation, among other economic gloomy realities have forced parents to adopt cost-saving measures, including downgrading their ...