Inflation

Business and Economy

Nigeria’s headline inflation rises further to 34.19%

NIGERIA's headline inflation rose to 34.19 per cent in June from 33.95 per cent in May. The National Bureau of...
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Business and Economy

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
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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...
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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...
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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...
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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...
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