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Business

CBN hikes interest rates to record 26.75% to fight inflation

In a move aimed at curbing rising inflation, the Central Bank of Nigeria (CBN) has raised its benchmark interest rate, the Monetary Policy Rate...
News

BREAKING: Nigeria’s inflation rate now 34.19 percent

National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate rose to 34.19 percent in June.This was up from the 33.95 percent...
Business

Nigeria’s inflation rises to 33.95%

Nigeria’s headline inflation rate has increased to 33.95 percent in May.The National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI)...
Business

Amidst crippling inflation, Edun claims Nigeria’s economy growing

Amidst the crippling inflation driven by rising cost of food items across the country, the Minister of Finance and Coordinating Minister of the Economy,...
Politics

Six strategies for Tinubu to succeed – Atiku

Former Vice President Atiku Abubakar has expressed concerns that President Bola Tinubu’s economic policies are hindering the growth of businesses, both large and small,...
Business

Nigeria’s inflation rate up 0.49% to 33.69% in April 2024

The Nigeria Bureau of Statistics (NBS) has disclosed that in April 2024, the headline inflation rate increased by 0.49% points to 33.69% from 33.20%...
Business

Nigeria’s inflation rate jumps to 33.2%

The National Bureau of Statistics (NBS) said on Monday the country’s inflation rate increased to 33.2% in March.The agency disclosed this in it’s consumer...
Politics

N4.83trn Ways and Means Settlement: Senate Leader forsees drop in inflation by mid-year

Senate Leader, Opeyemi Bamidele has predicted a significant fall in the rate of inflation in the country by the middle of 2024, citing current...
Business

Dangote optimistic lower fuel prices will tame inflation

The Chairman of Dangote Group, Alhaji Aliko Dangote, has expressed optimism that the sale of diesel at a significantly lower price by his refinery,...
Business

World Bank predicts drop in Nigeria’s inflation to 24.8% before year-end

The World Bank has projected a significant drop in Nigeria’s inflation rate to 24.8 percent year-on-year in 2024.The country’s inflation currently stands at 31.7...
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