Nigeria’s Inflation
Inflation: CBN raises monetary policy rate to 13 per cent
To curb the rising inflation rate in the country, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate to...
Food Inflation: Is Nigeria heading for hunger, food crisis?
Recently, walking around the local markets or grocery stores in the Federal Capital Territory (Abuja) and other parts of the country,...
Nigeria’s currency, the Naira, is overvalued, says IMF
The International Monetary Fund (IMF) says Nigeria’s currency, the Naira is overvalued at the official market by about 18.5 per cent, advising...
Nigeria’s inflation rate hit all-time high of 15.75 per cent
… it’s a hydra-headed monster that has eroded disposable and discretionary income of consumers Nigeria’s inflation rate has spiralled to its highest level in...
Nigeria’s May inflation rose to 11.4%
The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation increased to 11.40 per cent (year-on-year) in May...
2019 Elections: CBN governor sees Nigeria inflation reaching 11.4% by mid-2019
Nigeria’s inflation is expected to rise to 11.4% by middle of 2019, a few months after holding general elections in February, according to...
