Tag: #inflation

Nigeria's Value Added Tax (VAT) revenue has more than doubled in the first seven months of 2024, reaching N3.62 trillion, ...

The amount of currency circulating outside Nigeria's banking system experienced a significant drop in July 2024, decreasing to N3.66 trillion. ...

The Fast-Moving Consumer Goods (FMCG) sector in Nigeria witnessed a notable downsizing of its workforce in 2023, reflecting the ongoing ...

Nigerians borrowed an unprecedented N4.82 trillion from banks between January and March 2024 as the soaring cost of living forced ...

In a surprising turn of events, the eurozone's annual inflation rate increased in July, driven primarily by escalating energy costs, ...

The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This ...

The Central Bank of Nigeria (CBN) may persist with its stringent monetary policies if inflation rates continue to climb, according ...

The Nigerian naira has dropped to its lowest level since March, trading at N1,577 per U.S. dollar on Monday, despite ...

In June 2024, Nigeria experienced a rise in its headline inflation rate, reaching 34.19%, a slight increase from 33.95% recorded ...

Aliko Dangote, the President of Dangote Group Industries Ltd, has issued a stark warning about Nigeria's economic prospects, asserting that ...