Inflation in Nigeria

What Govt Should Do To Rein In Inflation

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Nigeria’s headline inflation rate hit 34.60 per cent in November 2024. This indicates an increase of 0.72 per cent points compared to the October 2024 inflation rate which was 33.88 per cent.

Victor Ezeja

3 days ago

Business·Finance & Economy·Latest News

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns over the surge in inflation rate in Nigeria after dropping for two months despite policy measures to tame it. In

Victor Ezeja

2 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Business·Latest News

71% Of Nigerians Seek Interest Rate Reduction – CBN Survey

As worries about inflation and economic hardship mount, at least 71.4% of Nigerians are demanding that interest rates be lowered. The Central Bank of Nigeria (CBN) conducted the Inflation Expectations Survey (IES)

Victor Ezeja

2 months ago

Finance & Economy·Latest News

Expert Highlights 3 Things Nigeria Must Do To Tackle Inflation As Money Supply Hits N107trn

There are concerns that the monetary policies being adopted by the authorities have not been effective in tackling high inflation and high money supply in the economy, hence the need to adopt

Victor Ezeja

3 months ago

Finance & Economy·Latest News

Experts Fault CBN’s Interest Rate Hike

Economic experts have faulted the continuous increase of the Monetary Policy rate (MPR) also known as benchmark interest rate, by the Central Bank of Nigeria (CBN), saying it won’t solve the problem

Victor Ezeja

3 months ago

Finance & Economy·Latest News

CBN Further Raises Benchmark Interest Rate To 27.25%

The Central Bank of Nigeria (CBN) has further increased Monetary Policy Rate (MPR), also known as the benchmark interest rate by 50 basis points to 27.25 per cent. Prime Business Africa reports

Victor Ezeja

3 months ago

FEATURES·Finance & Economy

10 States With Lowest Cost Of Living In Nigeria

As Nigeria battles inflationary pressure on the economy and the impact on cost of living, there are states that have relatively lower cost of living than others. Inflation, which is the persistent

Victor Ezeja

3 months ago

Why Inflation Is Rising Rapidly In Nigeria

Opinion

Inflation, Policy Dislocation And Nigerian Govt’s 30-day Price Ultimatum To Traders

Inflation in Nigeria happens by the second, making life a steadily burning hell for citizens. Unfortunately, government always seems to misunderstand the plight of the people judging from its shallow and emergency-type

MARCEL MBAMALU

3 months ago

Business

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

The Central Bank of Nigeria (CBN) has announced changes in its lending and deposit facilities, in a bid to manage liquidity in the nation’s financial system. The CBN lifted the suspension of

Victor Ezeja

4 months ago

Business·Latest News

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

Inflation Triggers Business Decline in Nigeria Nigeria’s business landscape faced a notable setback in July as inflation pressure led to a steep decline in business activity. The latest Purchasing Managers’ Index (PMI)

Emmanuel Ochayi

4 months ago

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Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

71% Of Nigerians Seek Interest Rate Reduction – CBN Survey

Expert Highlights 3 Things Nigeria Must Do To Tackle Inflation As Money Supply Hits N107trn

Experts Fault CBN’s Interest Rate Hike

CBN Further Raises Benchmark Interest Rate To 27.25%

10 States With Lowest Cost Of Living In Nigeria

Inflation, Policy Dislocation And Nigerian Govt’s 30-day Price Ultimatum To Traders

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

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