Nigeria Inflation News – Page 7 of 8

CBN Places Service Restriction On PoS Agents Across Nigeria

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

The cost of borrowing has been increased by the Central Bank of Nigeria (CBN) after the financial regulator announced 16.5 per cent as the new interest rate in the country. Interest rate

Fakoyejo Olalekan

2 years ago

Finance & Economy

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Centre for Promotion of Private Enterprise (CPPE) has called on the Nigerian government to review it’s tariff policies by granting concessionary import duty on intermediate products as a way of addressing the

Victor Ezeja

2 years ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Investors’ confidence in the stock markets globally is declining in the face of higher interest rates, soaring inflation, impending recession, and falling oil prices. This led to the global stock market’s All-World

Fakoyejo Olalekan

2 years ago

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business

Reason Buhari Increased Tour Allowance Of Ministers, PermSec, Civil Servants By N50,000

Nigeria’s cost of governance is set to skyrocket, as the duty tour allowances (DTAs) for Ministers, Permanent Secretaries and Civil Servants on grade level one to 17 has been increased by President

Fakoyejo Olalekan

2 years ago

Business

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has increased interest rate on savings account, as the apex bank said Nigeria’s economy has returned to normalcy. In a circular

Fakoyejo Olalekan

2 years ago

Business·Markets

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Investors are currently not seeing bitcoin as a safe haven for their funds, despite inflation ripping through Nigeria, United States and other countries, on the back of the ongoing war between Russia

Fakoyejo Olalekan

2 years ago

Twitter’s Elon Musk Lands In Court Over Stolen Source Code

Recession To Worsen In US – Musk Predicts

The billionaire, Elon Musk has slammed the president Joe Biden administration for printing “a zillion” more dollars, whining it will land the US into a recession that could last up to 18

Queen Nwabueze

3 years ago

Food, Energy Prices Push Inflation Rate To 16.82% In April

The National Bureau of Statistics, NBS, has hinted in its Consumer Price Index (CPI) report that inflation rate rose to 16.82 percent in April 2022. Reportedly, this represented the highest rate recorded

Queen Nwabueze

3 years ago

Nigeria's H1 2023 Economic Review: The Major Headwinds

Why US Increased Interest Rate By 50 Points

In a bid to crush the soaring inflation scourge in the United States, the Federal Reserve has just made its biggest rate hike since 2000 with a half percentage point increase. Noting

Queen Nwabueze

3 years ago

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business·Latest News·Top Stories

Liquidity, Inflation Worries As APC, PDP Target N60Bn In Sale Of Nomination Forms

Nigeria’s two main political parties – the All Progressives Congress (APC) and the opposition People’s Democratic Party (PDP) – will rake in more than N60 billion from the ongoing sale of nomination

Uduegbunam Chukwujama

3 years ago

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Nigeria Inflation News - Page 7

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Reason Buhari Increased Tour Allowance Of Ministers, PermSec, Civil Servants By N50,000

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

Bitcoin Losing Appeal, As Crash Cost Investors $384.7 billion

Recession To Worsen In US – Musk Predicts

Food, Energy Prices Push Inflation Rate To 16.82% In April

Why US Increased Interest Rate By 50 Points

Liquidity, Inflation Worries As APC, PDP Target N60Bn In Sale Of Nomination Forms

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