Nigeria’s Broad Money Supply Hits Historic High, Surging to N93.72 Trillion
Nigeria's monetary landscape witnessed a monumental surge as the broad money supply skyrocketed to a historic high of N93.72 trillion ...
Tag: #inflation
African Currencies Face Devaluation Amid Economic Challenges
A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in ...
FG to Auction N2.5 Trillion in Bonds Amid Rising Interest Rate Expectations
Nigeria's government is set to auction a record-high N2.5 trillion worth of seven and 10-year naira-denominated bonds today, signaling a ...
Inflation Rate Surges to 29.90% in January 2024- NBS
According to the latest report from the National Bureau of Statistics (NBS), Nigeria's inflation rate for January 2024 has risen ...
Economists Urges Fiscal and Monetary Policy Alignment for $1 Trillion GDP Goal
In a bid to achieve a $1 trillion Gross Domestic Product (GDP) economy in the next seven years, Nigerian economist ...
Zambia’s Central Bank Raises Interest Rates to 12.5% in Effort to Tame Inflation
In a bid to curb inflation and stabilize the country's currency, Zambia's central bank has implemented its fifth consecutive interest ...
UK Inflation Holds Steady at 4% in January Amid Easing Prices
In January, the United Kingdom's inflation rate remained unchanged at 4% year-on-year, buoyed by decreasing prices for furniture and household ...
Swiss Franc Slides to Nine-Week Low Amid Slower Inflation
On Tuesday, the Swiss franc experienced a notable decline, hitting a nine-week low against the US dollar. This downward trend ...
A Beacon of Hope:Stock Market Resilience Amid Economic Challenges
In the face of daunting economic challenges characterized by high inflation and a weakening exchange rate, Nigeria's stock market has ...
Interest Rates Expected to Rise as CBN Plans Record N1 Trillion Treasury Bill Auction
Recent indications point towards a potential increase in Nigeria's interest rates ahead of the upcoming treasury bills auction, signaling a ...
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