Tag: Inflation
President Buhari Urges Global South To Reduce Debt Burden, Inflation On...
President Muhammadu Buhari on Friday urged leaders of the Global South to agree on a common agenda on ways to reduce the increasing burden...
Nigeria’s Inflation And Its Effects On Nigerians
By Usmar Isnaila IsahIn 2021, the country's inflation rate stands at 17 %, even though it fluctuated substantially in recent years. It tended to...
Just in: CBN goes harder on inflation, raises MPR to 16.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to increase the benchmark interest rate (MPR) by 100 basis points...
Economists Forecast Naira Slide, Inflation as Campaigns Begin
Economists have warned that Nigeria’s ailing economy might be worsened as political parties and their candidates begin electoral campaigns for the 2023 general elections.The...
Inflation rate Rises to 20.52% in August – NBS
Nigeria’s inflation rate rose by 0.92 basis points to 20.52 percent in August from 19.6 percent in July, the National Bureau of Statistics, NBS...