The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, a recent survey by the Central Bank…
Read More Inflation: Nigerians to spend 54.9% income on food in next six months – CBN
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring…
Read More CBN raises interest rate to 26.75%
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks…
Read More IMF maintains 2024 global growth forecast at 3.2%
Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS). This is an…
Read More Nigeria’s inflation rate surges to 34.19 % amid rising food cost
Our reporter/ Nigeria has all it takes to turn its economy around within months, the chairman of Dangote Group, Aliko Dangote said on Thursday. The African richest man stated this…
Read More Nigeria’s cconomy can be turned around in months, says Dangote
