Tag: Inflation
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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...
Nigeria inflation crosses 30% mark — highest in 28 years
Consumer prices rose 31.7 percent in the year through February, an uptick in the inflation rate, above 29.9 percent the previous month. It is...
Rice soars to N90,000 as Nigeria’s punishing inflation continues
Foodstuff traders in Lagos state have decried the volatility of prices as well as the continued rise in consumer price in the country.
The traders...