Tag: Inflation

The Central Bank of Nigeria has again justified its reliance on the Loan Deposit Ratio to control the country’s rising inflation. The apex bank also said it is ready to ...

Inflation in Nigeria has been predicted to remain high in 2025 due to sporadic flooding and difficult terrain for the naira currency while inflation in key African economies will slow ...

The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 per cent in February 2024. This represents ...

Stakeholders have urged the Federal Government to implement policies that will tame the accelerating inflation in the country. In separate interviews with The PUNCH, the stakeholders said that concerted efforts from ...

The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has led to a relative decrease in the prices of goods and services ...

In 2023, Nigeria's largest conglomerate, the Dangote Group, witnessed a substantial rise in input costs, reaching a staggering N1.398 trillion across its three quoted companies on the Nigerian Exchange Limited. ...

Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in the country. This was revealed in ...

Economists have urged the government to tackle the challenges posed by high energy costs, and insecurity, which has slowed down food production and foreign exchange volatility, to tame the accelerating ...

The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to focus on the primary factors causing high inflation in its monetary policy decisions. In a ...

Telecommunications operators in Nigeria are gearing up to raise tariffs for voice and data services in response to the prevailing economic conditions in the country. According to information obtained by ...