The Central Bank of Nigeria has again justified its reliance on the Loan Deposit Ratio to control the …
Inflation
- Business NewsNews
Floods, currency devaluation set to propel Nigeria’s inflation in 2025
by Ikenna NgereInflation in Nigeria has been predicted to remain high in 2025 due to sporadic flooding and difficult terrain …
The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in …
Stakeholders have urged the Federal Government to implement policies that will tame the accelerating inflation in the country. …
The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has …
- Business News
Dangote Group’s Input Costs Surge to N1.398 Trillion Amid Inflation and Naira Depreciation
by Harry ChomsIn 2023, Nigeria’s largest conglomerate, the Dangote Group, witnessed a substantial rise in input costs, reaching a staggering …
Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in …
Economists have urged the government to tackle the challenges posed by high energy costs, and insecurity, which has …
The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to focus on the …
Telecommunications operators in Nigeria are gearing up to raise tariffs for voice and data services in response to …