Nigerian’s Inflation Rate Drops to 33.4% in July
Nigeria's inflation rate eased to 33.4% in July, a decrease of 0.79 percentage points from June's 28-year high of 34.19%, ...
Friday, November 15, 2024
Tag: Inflation
Nigeria’s Inflation Risks Rising as Money Supply Reaches ₦101.34 Trillion
Nigeria faces potential inflationary pressures as the country's money supply (M3), which represents the total money within the economy, surged ...
Nigeria’s Economic Outlook Dims as IMF Cuts Growth Forecast to 3.1% amidst Soaring Inflation
Yesterday, the International Monetary Fund revised its 2024 economic growth forecast for Nigeria downward to 3.1 percent, citing weaker growth ...
Investment Firms Forecast Inflation to Surpass 34%
The ongoing surge in prices of goods and services, coupled with the naira's further depreciation, is projected to push inflation ...
MPC will do whatever is necessary to bring inflation down – Cardoso
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the members of the Monetary Policy Committee ...
CBN stands firm on LDR policy to curb inflation
The Central Bank of Nigeria has again justified its reliance on the Loan Deposit Ratio to control the country’s rising ...
Floods, currency devaluation set to propel Nigeria’s inflation in 2025
Inflation in Nigeria has been predicted to remain high in 2025 due to sporadic flooding and difficult terrain for the ...
UPDATED: Inflation rose to 33.20% in March, says NBS
The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, ...
Implement policies to tackle inflation, stakeholders tell FG
Stakeholders have urged the Federal Government to implement policies that will tame the accelerating inflation in the country. In separate ...
Naira recovery now tackle inflation — BDCs
The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has led to ...
