The Central Bank Of Nigeria (CBN) has adopted a more restrictive monetary stance by raising its benchmark interest rate to 26.75%, a slight increase from the...
On Monday, the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, revealed why interest rates would remain high. According to the CBN, interest rates...
According to the bureau, the headline inflation rate for March showed a 1.50% point increase compared to February 2024
The Central Bank of Nigeria (CBN) has disclosed that the rate of inflation in the country is expected to decline in the coming year, 2024, News...
Data released by the National Bureau of Statistics (NBS) on Monday revealed that Nigeria’s headline inflation rose to 26.72% in September from the 25.80% recorded in...
Data released by the Nigerian Bureau of Statistics revealed that food inflation rose to 26.98 percent in July from the 25.25 percent recorded the previous month.
The professional services firm, KPMG, has warned that further tightening measures in Nigeria could harm the country’s economy amid high inflation. According to a recent macroeconomic...