MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "Inflation"

Report: 31.5m Nigerians to face food crisis between June and August

    Report: 31.5m Nigerians to face food crisis between June and August

The Cadre Harmonisé (CH) report says about 31.5 million Nigerians may experience food and nutrition crisis between June and August 2024. Cadre Hatmonisé is a food and nutrition insecurity study conducted by

0 comment Read Full Article

CBN: Prices of import items that are 15% above global average will be queried

    CBN: Prices of import items that are 15% above global average will be queried

The Central Bank of Nigeria (CBN) has reviewed the allowable limit of price deviation for exports and imports. This was disclosed in a statement dated February 14, 2024 and signed

0 comment Read Full Article

Nigerian Breweries increases prices of products, cites ‘rising input costs’

    Nigerian Breweries increases prices of products, cites ‘rising input costs’

Nigerian Breweries (NB) Plc has announced an upward review in the prices of some products in its stock-keeping units (SKUs) to mitigate the impact of rising cost of input. The

0 comment Read Full Article

Niger state moves to regulate prices of commodities, bill passes first reading

    Niger state moves to regulate prices of commodities, bill passes first reading

Niger state government is taking steps to regulate prices of commodities as a bill for price control board passes its first reading at the state house of assembly. This is

0 comment Read Full Article

NBS: Cost of healthy meal per adult rose to N786 in December 2023

  NBS: Cost of healthy meal per adult rose to N786 in December 2023

The National Bureau of Statistics (NBS) says the national average cost of a healthy diet (CoHD) in Nigeria was N786

0 comment Read Full Article

IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

  IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5

0 comment Read Full Article

IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

  IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

The International Monetary Fund (IMF) has reduced its forecast for Nigeria’s economic growth to 3 percent in 2024 — down

0 comment Read Full Article

Cardoso: Naira is undervalued | Inflation expected to decline to 21% in 2024

  Cardoso: Naira is undervalued | Inflation expected to decline to 21% in 2024

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the naira is currently undervalued. Cardoso spoke at the

0 comment Read Full Article

Rising food costs push Nigeria’s inflation rate to 28.9%

  Rising food costs push Nigeria’s inflation rate to 28.9%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 28.92

0 comment Read Full Article

Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

  Nigeria’s inflation to ease in 2024, per capita income to recover, says World Bank

The World Bank says Nigeria’s inflation should ease in 2024 as the effects of  last year’s foreign exchange (FX) market

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