Nigeria Inflation News – Page 6 of 8

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the global rating agency, Fitch, has affirmed the country’s long-term foreign-currency issuer default

Victor Ezejaand

Admin

1 year ago

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business

Petrol Subsidy Removal, Inflation Fingered As Acute Food Shortage Stares 26.5 million Nigerians

If nothing is urgently done to address the identified root causes, no fewer than 26.5 million Nigerians including Internally Displaced Persons (IDPs) will suffer acute food insecurity between June and August next

Victor Ezejaand

Admin

1 year ago

Business

Okonjo-Iweala Warns Of Higher Inflationary Pressures, Greater Price Volatility Over Bloc Trades

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, said countries not operating open trade could experience higher inflationary pressures. Okonjo-Iweala said nations adopting rival blocs will cause greater price volatility,

Fakoyejo Olalekan

1 year ago

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the removal of subsidy on Premium Motor Spirit (PMS) and the naira devaluation will fuel the inflation rate. Members

Fakoyejo Olalekan

1 year ago

Business·World News

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed on Wednesday, piling pressure on the Bank of England and government

Ifeanyi Ibeand

Admin

1 year ago

Business·Currency

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

The Presidential candidate of the Labour Party (LP), Peter Obi, has revealed the reason Nigeria’s inflation and the exchange rate has been on an upward path under President Muhammadu Buhari. Obi said

Fakoyejo Olalekan

2 years ago

Five Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Business·Insights·Markets

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having

Fakoyejo Olalekan

2 years ago

Business·Latest News

FG To Increase Workers’ Salary 2 Months To Presidential Election

Two months to Nigeria’s Presidential election scheduled for February 25, 2023, Minister of Labour and Employment, Chris Ngige, has disclosed that workers’ salary will be increased. The rise in cost of living

Fakoyejo Olalekan

2 years ago

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Latest News

INFLATION: Nigeria’s N30k Minimum Wage Now Worth N19,355 – World Bank

Nigeria’s poverty population has risen by 5 million in 2022, the World Bank’s Chief economist, Alex Sienaert, has revealed, blaming rise in inflation rate which has reduced the value of minimum wage

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Fakoyejo Olalekan

2 years ago

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Nigeria Inflation News - Page 6

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Petrol Subsidy Removal, Inflation Fingered As Acute Food Shortage Stares 26.5 million Nigerians

Okonjo-Iweala Warns Of Higher Inflationary Pressures, Greater Price Volatility Over Bloc Trades

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight

Peter Obi Reveals Why Inflation, Dollar Rate Rise Under Buhari’s Gov’t

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

FG To Increase Workers’ Salary 2 Months To Presidential Election

INFLATION: Nigeria’s N30k Minimum Wage Now Worth N19,355 – World Bank

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

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