Inflation would be worse if not for CBN policy – Emefiele
The governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that the country’s inflation would have increased by more…
Inflation
UK’s inflation drops to lowest first tine in one year
Britain’s inflation rate dropped its lowest level in more than a year in the month of April 2023 as the effects of…
Economic group tells Tinubu how to end rising inflation
An economy oriented group has urged the incoming government of President-elect, Bola Ahmed Tinubu, to address foreign reserves inadequacies as the solution…
Inflation rate records 22.22% increase
The inflation rate in Nigeria rose to 22.22 percent in April from the 22.04 percent recorded in March, marking the…
Nigeria’s inflation rate hits 22% – NBS
The National Bureau of Statistics on Saturday revealed that the nation’s inflation rate rose to 22.04% in March 2023. According to…
Nigeria’s inflation rate hits 21.91%
The National Bureau of Statistics on Wednesday reported that Nigeria’s inflation rate has risen to 21.91%. The increase in inflation rate accounts…
UK’s inflation drops to 10.1% in Jan 2023 – Report
The UK recorded a fall in Consumer Price Inflation rate dropped beyond expectations from 10.5 in December to 10.1% in January. The…
Shipping cost surge caused global inflation – IMF
The International Monetary Fund has linked the current global inflation with the upsurge of the shipping costs. IMF stated in a…
Inflation weakened naira 15% in 2022 – NESG
Bisola David A recently released report by the Nigerian Economic Summit Group revealed that the naira was devalued by 14.9% due…
UK predicts rapid fall in inflation rate
The Bank of England Governor, Andrew Bailey, has said that there would be a likely rapid fall in inflation this year as…
Nigeria’s inflation drops 21 per cent
For the first time in 11 months, Nigeria’s inflation rate decreased to 21.34 percent. Prior to November 2022, when it hit 21.47…
Inflation: Experts urge CBN against tighter monetary policy
Experts have advised the Central Bank of Nigeria to withdraw from further deployment of monetary policy tightening as a tool to check…