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Tag "Inflation"

CBN to hold MPC meeting May 20

    CBN to hold MPC meeting May 20

The Central Bank of Nigeria (CBN) is set to hold its 295th monetary policy committee (MPC) meeting next week. In a statement on Tuesday, the apex bank said the meeting

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April inflation, cybersecurity levy… business stories to track this week

    April inflation, cybersecurity levy… business stories to track this week

Here are the seven top business stories you need to track this week — May 13  to May 17. APRIL INFLATION The Nigerian Bureau of Statistics (NBS) is expected to

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NESG to FG: Cybersecurity levy mistimed… should be targeted at rich individuals

    NESG to FG: Cybersecurity levy mistimed… should be targeted at rich individuals

The Nigerian Economic Summit Group (NESG) says the newly introduced cybersecurity levy is “mistimed”, adding that it should be targeted at “high-net-worth individuals”.  The think tank firm spoke in a

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Report: FX fluctuations, soaring energy costs caused food price surge between October and March

    Report: FX fluctuations, soaring energy costs caused food price surge between October and March

SB Morgen (SBM) Intelligence, a geopolitical research firm, says soaring inflation, increased energy costs, and fluctuating foreign exchange (FX) rates caused a hike in the cost of food items in

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We’ll pin down Ways and Means to curb inflation, says FG

  We’ll pin down Ways and Means to curb inflation, says FG

The federal government says it will pin down Ways and Means advances to deal with the problem of too much

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WTO forecasts global trade volume to increase by 2.6% in 2024

  WTO forecasts global trade volume to increase by 2.6% in 2024

The World Trade Organisation (WTO) says the volume of trade globally should increase by 2.6 percent in 2024 and 3.3

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KPMG: High-interest rate may prevent Nigerian banks from giving credit

  KPMG: High-interest rate may prevent Nigerian banks from giving credit

KPMG Nigeria says the monetary tightening efforts by the Central Bank of Nigeria (CBN) might prevent banks from giving credit

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Tinubu to Nigerians: Have faith…we’ll tame inflation like exchange rate

  Tinubu to Nigerians: Have faith…we’ll tame inflation like exchange rate

President Bola Tinubu has assured Nigerians of his commitment to steer the country out of its economic woes. Tinubu spoke

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Tinubu to Nigerians: Don’t worry about inflation — we’ll bring it down

  Tinubu to Nigerians: Don’t worry about inflation — we’ll bring it down

President Bola Tinubu says even though he does not have a magic wand, his administration would fix the economic challenges

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Yemi Adamolekun: Nigerians need to understand country’s challenges to drive civic engagement

  Yemi Adamolekun: Nigerians need to understand country’s challenges to drive civic engagement

Yemi Adamolekun, executive director of Enough is Enough Nigeria (EiE), a civil society organisation (CSO), says Nigeria can achieve an

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