Tag: Inflation
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Nigeria’s inflation eases for the first time in 18 months
Nigeria's annual inflation rate eased in July for the first time in 18 months, a shift after a prolonged period of rising prices that...
Nigeria’s inflation soars to 33.67%, piling pressure on consumers
Nigeria's inflation rate continued its relentless climb in April 2024, reaching 33.69%, according to data released by the National Bureau of Statistics (NBS) today.
This...
Nigeria inflation soars again but shows sign of slowdown
Nigeria's inflation rate hit a multi-decade high of 33.20 percent in March when measured from a year ago, but recorded its first fall in...
What CBN’s interest rate hike means for you
The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in a bid to fight inflation and strengthen the Naira. Here's...
CBN expected to raise interest rate further as naira strengthens
The Central Bank of Nigeria will announce its latest interest rate decision today, a month after delivering a huge increase of 4 percentage points...