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Inflation

Banking and Finance

CBN’s increasing interest rate not enough to curb inflation – World Bank

THE World Bank has said that the Central Bank of Nigeria (CBN) might not effectively curb inflation by hiking...
Ehime ALEX -
Business and Economy

FG considers to crash food prices, pharmaceuticals, other products by 18%

THE Federal Government could crash the prices of food items, pharmaceuticals, and other products by an average of 18...
Ehime ALEX -
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Banking and Finance

CBN raises MPR by 150-basis-point to 26.25% 

THE Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), also known as the benchmark interest...
Ehime ALEX -
Business and Economy

Palliatives worsening Nigeria’s inflation, CBN tells Nigerian government

THE Central Bank of Nigeria (CBN) said it had identified palliatives as a new contributing factor to rising food...
Ehime ALEX -
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Business and Economy

CBN raises Customs duty by 14% despite calls for fixed rate

The Central Bank of Nigeria (CBN) has again dashed importers' hopes by raising the exchange rate for Customs import...
Harrison EDEH -
Business and Economy

Dollar can’t exchange for N400 – Moghalu

A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has rubbished the optimism in some...
Fatimah QUADRI -
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