Inflation

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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Business and Economy

CBN to raise benchmark interest rate at next meeting – FDC

THE Central Bank of Nigeria (CBN) is expected to raise the benchmark interest rate in its monetary policy committee...
Ehime ALEX -
Business and Economy

Nigerians face more hardship as Inflation rate nears 30%

NIGERIANS will face more economic hardship as the inflation rate jumps to 29.90 per cent, up from the previous...
Harrison EDEH -
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Business and Economy

Economists back CBN, say inflation will moderate to 21.4% in 2024

SOME economists have said that the Central Bank of Nigeria (CBN) 21.4 per cent inflation moderation projected for 2024...
Harrison EDEH -
Business and Economy

Europe will suffer worst economic growth in 2024 – WEF

THE World Economic Forum (WEF) has projected that Europe will experience the worst economic growth in 2024 relative to...
Ehime ALEX -
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