Tag: inflation
CBN warns states over rising debt, short-term borrowing habit
A police officer, Inspector Abdulkadir Garba, popularly known as “Buratai,” has died after he was struck by lightning while carrying…
CBN admits inflation jumped but says worse was avoided
The Central Bank of Nigeria (CBN) has pushed back against concerns over a sudden rise in inflation, arguing that its…
Nigeria’s Inflation climbs to 15.38% as price pressures resurface
Nigeria’s inflation rate increased to 15.38% in March 2026, up from 15.06% in February. This was reported by the National…
Edun takes Nigeria’s case to IMF over inflation pressures
Nigeria’s Minister of Finance, Wale Edun, is calling for international support as the country deals with rising inflation and economic…
Naira appreciates to N1,392/$ in parallel market amid rising Inflation
In the parallel market, the local currency rose to N1,392 per dollar, up from N1,396 per dollar recorded on Tuesday.
Growth on paper, hardship in reality — Analysts break down Nigeria’s GDP puzzle
He concluded that until inflation drops and incomes rise, GDP growth will remain encouraging on paper but disconnected from people’s…
Economic outlook brightens as Nigeria sees ongoing price stability
The NBS said the increase in monthly food prices came from higher prices of items such as onions, oranges, pineapples,…
FX: Naira shows signs of recovery, dives below N1,500/$
This is its strongest level since March 5, 2025. For the second time this week, the naira traded below the…
Nigeria’s inflation drops to 24,48%
Adeniran also said that the food inflation was 26.08 per cent year on year for January 2025 while it was …
There will be lower inflation in 2025 – Bagudu
“We also expect more funding of security and better security, and all those priority areas; human capital development, education, health.…
Explainer: How proposed VAT reform in tax bills will reduce inflation
However, unlike the 2019 VAT rate increase proposal which was not accompanied by measures to reduce costs, the current proposal…
Inflation: Consumer Protection Commission to Engage Market Leaders
In the coming days, the Federal Competition and Consumer Protection Commission (FCCPC) will be engaging leaders of markets and others…
Reducing Inflation to Tackle Poverty
The Governor of Central Bank (CBN), Mr. Olayemi Cardoso guaranteed Nigerians that the high inflation witnessed throughout the nation would…
How to tame Nigeria’s rising inflation
On a year-on-year basis, the headline inflation rate was 5.27 percent higher compared to the rate recorded in August 2022,…
Inflation: Bank of England jacks up interest rate to 3%, biggest hike in 33 years
The last time rates increased by more than 0.5% was in 1989. John Major’s government was forced into a 2%…