Nigeria Inflation News – Page 5 of 8

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Inflation: CBN Raises MPR Again To 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), the benchmark interest rate to 24.75 per cent, from the previous 22.75 per cent.

Victor Ezeja

9 months ago

Lagos Markets Hit by Surge in Food Prices, Straining Household Budgets

Agro-Economy·Business·Latest News

Food Prices Surge Hits Lagos Markets, Straining Household Budgets

In the bustling markets of Lagos State, food prices surge continue to shake the foundations of household budgets across the region. Over the past fortnight, essential food items have experienced a sharp

Emmanuel Ochayi

9 months ago

Argentines Purchase Bitcoin Instead Amid US Dollar To Fight Inflation

Currency·Latest News·World News

Argentines Purchase Bitcoin Instead Of US Dollar To Fight Inflation

As inflation continues to plague Argentina, citizens are turning to alternative means to safeguard their wealth. Bitcoin, the world’s leading cryptocurrency, has emerged as a popular choice, with Argentines embracing it as

Emmanuel Ochayi

9 months ago

Bank of England Eyes High Interest Rate Amidst Falling Inflation: Analysts Suggest June For Cut

Business·Latest News·World News

Inflation: Bank of England Eyes High Interest Rate As Analysts Suggest June For Cut

Analysts are eyeing June for a potential interest rate cut by the Bank of England as inflation dips to 3.4% annually, its lowest since September 2021. The latest data has triggered speculations

Emmanuel Ochayi

9 months ago

Consumer's Inflation In South Africa Hits 5.6%

Africa·Business·Latest News·World News

Consumer Inflation In South Africa Hits 5.6%

South Africa has witnessed a surge in consumer inflation for the second consecutive month in February, edging closer to the upper target set by the Central Bank. This upswing in inflation rates

Emmanuel Ochayi

9 months ago

FEATURES·Finance & Economy

Economic Crisis: Nigeria Has No Option Than To Produce For Food Security, Forex Stability – Utomi

The ongoing economic reforms by the current administration in Nigeria have no doubt had a lot of impact on the economy and the citizens in the last nine months. In an exclusive

Victor Ezeja

10 months ago

Business·Latest News

The Cash Conundrum: How The Escalating Cash In Circulation Is Impacting Nigeria’s Inflation

In the bustling economic landscape of Nigeria, a concerning trend has emerged, one that threatens to disrupt the delicate balance of the nation’s financial stability. The Central Bank of Nigeria’s (CBN) latest

Emmanuel Ochayi

11 months ago

Anambra Residents Lament As Cost Of Things Bite Harder

Business·Latest News

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

In a bid to alleviate the surging food inflation gripping Nigeria, the Minister of Agriculture and Food Security, Abubakar Kyari, unveiled the Federal Government’s plans for an boost food crop production. Addressing

Emmanuel Ochayi

12 months ago

Business·Markets

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Issuance of the final Nigerian Treasury Bills for 2023 has enabled the Federal Government to raise N6.658 trillion this year, marking a notable 40.4% increase from 2022. “This surge in Treasury Bill

Emmanuel Ochayi

12 months ago

What Govt Should Do To Rein In Inflation

Business·Finance & Economy·Latest News

Inflation’s Grip Tightens As Nigerians Brace For A Pricey Christmas Amid Soaring Costs

As Christmas approaches, Nigerians face mounting financial strain due to relentless inflation that continues to erode their purchasing power. The cost of essential items crucial for a festive celebration has surged, leaving

Emmanuel Ochayi

12 months ago

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Nigeria Inflation News - Page 5

Inflation: CBN Raises MPR Again To 24.75%

Food Prices Surge Hits Lagos Markets, Straining Household Budgets

Argentines Purchase Bitcoin Instead Of US Dollar To Fight Inflation

Inflation: Bank of England Eyes High Interest Rate As Analysts Suggest June For Cut

Consumer Inflation In South Africa Hits 5.6%

Economic Crisis: Nigeria Has No Option Than To Produce For Food Security, Forex Stability – Utomi

The Cash Conundrum: How The Escalating Cash In Circulation Is Impacting Nigeria’s Inflation

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

Nigeria’s Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Inflation’s Grip Tightens As Nigerians Brace For A Pricey Christmas Amid Soaring Costs

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