Financial experts say CRR raise necessary to tame inflation
Financial experts on Saturday said that the upward review of the Cash Reserve Ratio (CRR) by the Monetary Policy Committee (MPC) of the Central Bank […]
Inflation
Inflation increased by 11.85% in November 2019 — NBS
The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in […]
Inflation rises by 0.22% to 11.24% in September — NBS
The National Bureau of Statistics (NBS), says inflation rate in September 2019 increased by 0.22 per cent to 11.24 per cent from 11.02 per cent […]
Inflation drops by 0.06% in August – NBS
#TrackNigeria: The National Bureau of Statistics (NBS), says inflation rate in August 2019 reduced by 0.06 per cent to 11.02 per cent from 11.08 per […]
Outright food importation ban will lead to inflation – Society
#TrackNigeria: The Soil Science Society of Nigeria (SSSN) says Federal Government outright banning of food importation will lead to inflation and further impoverish the masses. […]
Inflation: experts task FG on right fiscal, monetary policies
Some financial experts on Thursday said that single digit inflation target of the Central Bank of Nigeria (CBN) could only be achieved with the right […]
Drop in Nigeria’s inflation has no “practical significance” – statistician
A Statistician, Dr Olusanya Olubusoye says the 0.06 per cent drop in Consumer Price Index (CPI) in March has no “practical significance’’ to the living […]
Nigeria’s headline inflation down 0.07 % in January – NBS
By Cecilia Ologunagba Nigeria’s headline inflation rate measured by the Consumer Price Index (CPI) was down by 0.07 per cent in January, 2018, the National […]
Zimbabwe crackdown: ‘We are angry, we are desperate’
Brutal beatings and rising inflation are proving a noxious mix in Zimbabwe, writes the BBC’s Andrew Harding. In a long queue for rationed bread, on […]
Nigerians project rise in inflation, borrowing rates in next 12 months — CBN report
Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months. They gave the projection in […]
Bank warns no-deal could see UK sink into recession
A no-deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned. It said […]
2019 N8.73trn budget size will reduce inflation threat — Expert
A financial expert, Prof Uche Uwaleke, on Thursday said that the Federal Government’s decision to reduce the size of the 2019 budget to N8.73 trillion […]
Oil price surge as the U.S sanctions against Iran draw near
Brent crude oil prices hit their highest level since November 2014 on Monday ahead of U.S. sanctions against Iran that kick in next month. Brent […]
Nigeria’s inflation increases in August – NBS
The National Bureau of Statistics (NBS) says the Consumer Price index (CPI), which measured inflation for August increased to 11.23 per cent (year-on-year) from 11.14 […]
NBS says Nigeria’s inflation drops to 11.14% in July
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for July dropped to 11.14 per cent (year-on-year) from 11. […]
Nigeria’s inflation drops to 11.23 % in June – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for June, decreased to 11.23 per cent (year-on-year) from 11.61 […]
Nigeria’s inflation drops to12.48% in April – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation for April, decreased to 12.48 per cent (year-on-year) from 13.38 […]
Nigeria’s inflation drops to 15.13 % in January – NBS
The inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent in January from 15.37 per cent recorded in […]
Inflation now 16.05 Percent in July
The inflation report for July 2017 made available from the National Bureau of Statistics(NBS) reveals that headline inflation has again reduced to 16.05 percent (year-on-year) […]
CBN Moves Against Inflation, Mops Up N200 billion
The Central Bank of Nigeria (CBN) in its latest bid to further rein in inflation, has unveiled plans to mop up a total of N200.322 […]
Why We Chose To Fight Inflation – CBN
The Central Bank of Nigeria (CBN) says it will not succumb to pressure to reduce interest rate as being clamoured for in some quarters as […]