Tag: #inflation

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 ...

The Central Bank of Nigeria (CBN) announced on Saturday that its efforts to curb inflation through monetary policy tightening are ...

The naira has sustained its position within the N1500 per dollar range on the parallel market, despite the U.S. dollar ...

Nigerians are experiencing increased spending with diminished returns as inflation has wiped out approximately N7.61 trillion from consumer expenditure in ...