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Currency depreciation, high energy cost worsen inflation outlook

• 0.37% drop shows inflation is decelerating, says CBN • Price crisis not abating soon, experts insist • Anchor Borrower Programme worsens food inflation, farmers argueNigerian...

Price Of Local Rice, Garri, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Price Of Local Rice, Gari, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Inflation Rate Rises To 22.04 At End Of Q1, 2023

Nigeria’s annual inflation rate rose to 22.04 per cent as contained in the latest Consumer Price Index (CPI) report released on Saturday by the...

IMF’s 3.2% Growth Projection For Nigeria Confirms Our Economic Policies Working–Emefiele

WASHINGTON D.C: This year’s 3.2 per cent growth projections for Nigeria by the International Monetary Fund is a confirmation that the economic policies being...

IMF Backs CBN’s Monetary Tightening Stance, Urges Other Central Banks To Raise Interest Rate To Check Inflation

WASHINGTON D.C: The International Monetary Fund on Tuesday backed the recent monetary tightening stance of the Central Bank of Nigeria, urging further tightening by...

Former NBS Boss, Kale, Says Model For Measuring Nigeria’s Inflation Outdated

As arguments on the accuracy of Nigeria’s inflation report heighten, Yemi Kale, the former Statistician-General of Nigeria and the Chief Executive Officer of the...

Inflation Will Not Reduce Anytime Soon, Emefiele Warns

The Central Bank Governor, Godwin Emefiele has warned that inflation will not moderate anytime soon despite the bank’s monetary policy tightening.Emefiele said this on...

Despite High Pricess, NBS Said Inflation Dropped To 21.34% In December– NBS

Nigeria’s inflation decelerated to 21.34 per cent in December 2022, the first drop in more than nine months.This was revealed in the inflation report...

Inflation Will Defy CBN’s Monetary Policy Efforts, To Hit 21.6%– Cape

Cape Economic Research and Consulting has predicted a surge in Nigeria’s inflation amidst the Central Bank of Nigeria’s Monetary tightening stance.CAPE said inflation will...

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