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Tag: inflation

Contrary to recent reports, the Nigerian government on Friday insists it has not suspended plans to remove petroleum subsidy by June, 2023

Headlines

Nigeria’s Inflation hits 19.64%, better than in Ghana, Ivory Coast

In comparative analysis, inflation rate in Nigeria is still far below what trends in West Africa, notably Ghana.

Business, News

Nigeria’s inflation shoots up to 17.71 percent in May

This is 0.89 percent higher than that of April which stood at 16.82 percent.
Magnus Brunner, Austrian Finance Minister

World News

Austria introduces aid package to fight inflation

Finance Minister Magnus Brunner said the bill, which included measures set to last through 2026, would include immediate measures such…
Inflation

Business

What inflation means for trading

The first step banks will take when faced with inflation is to increase loan and credit interest rates. On the…
NNPCL gives reason for fuel scarcity in Lagos, Abuja

News

Fuel crisis may worsen inflation: Statistician-General

The statistician-general said that CPI for January was 15.60 per cent from 15.63 per cent recorded in December 2021.
Nigeria’s inflation rate jumps to 33.2%

News

Rising inflation: FG accused of economic mismanagement

An organization, The Youth Party, has accused the federal government of inflicting pain and hardship on the citizens, by its…
Emefiele: EFCC vows to appeal N100m fine

Business, Headlines, Top Stories

Emefiele: Bandits, terrorists, herdsmen cause of Nigeria’s inflation

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has attributed the country’s rising inflation to worsening insecurity,…

News

#EndSARS: Inflation may rise if looting continues — Economist

Dr Aminu Usman, an Economist says inflation may worsen if looting continues and states are forced to shut down, especially…

News

New minimum wage will not cause inflation – Expert

An economic expert, Prof. Uche Uwaleke said the new minimum wage would not lead to inflation contrary to speculations by…

News

Nigeria’s inflation stands at 11.25 percent in March

Nigeria's inflation in the month of March 2019 stands at 11.25 percent, the National Bureau of Statistics, NBS, reports on…

News

New minimum wage: Kaduna civil servants fear inflation

Some civil servants in Kaduna State have hailed the approval of N30,000 minimum wage for workers in the country, but…

News

February: Nigeria’s inflation rate hits 11.31% – NBS

The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation decreased to 11.31 per cent…
President Emmerson Mnangagwa

News

Zimbabwe inflation hits 59.39%

Zimbabwe’s inflation rose to a new 10-year high of 59.39 per cent year-on-year in February from 56.9 per cent in…

News

Nigeria’s inflation drops by 0.07 percent in January – NBS

Nigeria's inflation dropped by 0.07 percent in January 2019, the National Bureau of Statistics reports.

News

Nigerians project rise in inflation in next 12 months — CBN report

Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months.…
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