MARKET UPDATE
Advertisement Topt

TheCable

Tag "inflation rate"

CPPE to CBN: Don’t raise interest rates — allow businesses recover from recent hikes

    CPPE to CBN: Don’t raise interest rates — allow businesses recover from recent hikes

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of Nigeria (CBN) not to raise the interest rates. On May 20 and May 21, the

0 comment Read Full Article

Nigeria’s inflation rate rises to 33.69% as food prices surge

    Nigeria’s inflation rate rises to 33.69% as food prices surge

The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose to 33.69 percent in April, as prices of food and non-alcoholic beverages soared. The NBS shared the inflation data

0 comment Read Full Article

Cardoso: Interest rates will stay high until inflation is tamed

    Cardoso: Interest rates will stay high until inflation is tamed

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has hinted that interest rates would remain high until inflation rate subsides. In a Financial Times report on Monday, Cardoso

0 comment Read Full Article

Nigeria’s inflation rate hits 33.2% as food prices soar

    Nigeria’s inflation rate hits 33.2% as food prices soar

Nigeria’s inflation rate rose to 33.20 percent in Mach 2024 — up from 31.70 percent in February. The National Bureau of Statistics (NBS) disclosed this in its consumer price index

0 comment Read Full Article

Ghana’s inflation rate drops to 35.2% in October — lowest in 14 months

  Ghana’s inflation rate drops to 35.2% in October — lowest in 14 months

Ghana’s annual consumer inflation rate slowed to a 14-month low of 35.2 percent in October 2023, down from 38.1 percent

0 comment Read Full Article

CPPE: Hike in transport fares, naira depreciation responsible for high inflation rate

  CPPE: Hike in transport fares, naira depreciation responsible for high inflation rate

The Centre for Promotion of Private Enterprise (CPPE) says depreciating exchange rates and surging transportation costs, among others, are major

0 comment Read Full Article

Nigeria’s inflation rate rises to 24.08% — highest in more than 10 years

  Nigeria’s inflation rate rises to 24.08% — highest in more than 10 years

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 24.08

0 comment Read Full Article

‘Killings, cost of living increased after elections’ — southern, middle belt leaders lament

  ‘Killings, cost of living increased after elections’ — southern, middle belt leaders lament

The Southern and Middle Belt Leaders (SMBLF), a coalition of pressure groups, says there are increased cases of killings and

0 comment Read Full Article

Inflation report, redesigned naira notes… 7 top business stories to track this week

  Inflation report, redesigned naira notes… 7 top business stories to track this week

Here are the seven top business news you need to track this week — December 12 to December 16. CBN

0 comment Read Full Article

Nigeria’s misery index

  Nigeria’s misery index

BY RISLANUDEEN MUHAMMAD The Misery Index measures the social and economic costs for individuals living in a particular country. It

0 comment Read Full Article
error: Content is protected from copying.