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Tag "Inflation"

We’ll ensure 2024 budget addresses needs of Nigerians, says Abbas 

    We’ll ensure 2024 budget addresses needs of Nigerians, says Abbas 

Tajudeen Abbas, speaker of the house of representatives, says the legislature will ensure that the 2024 budget addresses the needs of Nigerians amid soaring inflation in the country.  Abbas spoke

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Tinubu met a bad economy but he’s worsening it

    Tinubu met a bad economy but he’s worsening it

Recently in an address at the Chief of Defence Intelligence annual conference 2023, National Security Adviser (NSA), Nuhu Ribadu remarked that the six-month-old administration of President Tinubu had inherited a

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Cardoso: How reviewed monetary policy tools reduced banks’ liquidity, slowed inflation

    Cardoso: How reviewed monetary policy tools reduced banks’ liquidity, slowed inflation

Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says efforts made towards taming inflation are yielding the desired results. Cardoso said the financial regulator has been reducing liquidity

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CPPE to CBN: Intensify efforts to stabilise forex rate, address inflation

    CPPE to CBN: Intensify efforts to stabilise forex rate, address inflation

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to intensify efforts to stabilise the foreign exchange (forex) rate and reduce pressure

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The economics of Nigeria’s current inflation

  The economics of Nigeria’s current inflation

In October 2023, headline inflation of Nigeria rose to 27.3%, up from 26.72% in the previous month. The figure marked

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Inflation: Tightening monetary rates yielding desired effect, says CBN

  Inflation: Tightening monetary rates yielding desired effect, says CBN

Isa AbdulMumin, director of corporate communications at the Central Bank of Nigeria (CBN), says he believes that the low rate

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Rethink anti-inflation strategies, Afrinvest tells FG, CBN

  Rethink anti-inflation strategies, Afrinvest tells FG, CBN

To address the surging inflation rate in Nigeria, Ike Chioke, managing director, Afrinvest West Africa Limited, says the federal government

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Nigeria’s inflation rate increases to 27.3% amid rising food prices

  Nigeria’s inflation rate increases to 27.3% amid rising food prices

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 27.33

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October inflation, customs FX rate increase… 7 business stories to track this week

  October inflation, customs FX rate increase… 7 business stories to track this week

Here are the seven top business stories you need to track this week — November 13 to November 18. NBS

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Cardoso: CBN will ensure policies impact Nigerians positively

  Cardoso: CBN will ensure policies impact Nigerians positively

Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says under his leadership, the financial regulator will ensure policies

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