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Tag: #inflation

Business Economy

Inflation: CBN says monetary policy tightening achieving desired results

Iheanyi Ejiofor June 24, 2024 No Comments #CBN#inflation#Monetary policy

Our reporter/ The Central Bank of Nigeria (CBN) over the weekend said with the moderation in the month-on-month headline inflation, which slowed for a third time in a row in…

Read More Inflation: CBN says monetary policy tightening achieving desired results
Business Economy headline

Guinness to exit Nigeria after 75 years as inflation wreaks economic havoc

Iheanyi Ejiofor June 11, 2024 No Comments #Guiness#inflation

Our reporter / The exodus of companies from Nigeria over hostile operating environment continued on Tuesday with Plc Guinness announced plan sell off its controlling shares to Singaporean conglomerate Tolaram…

Read More Guinness to exit Nigeria after 75 years as inflation wreaks economic havoc
Business Economy headline

Nigeria’s inflation rate surges to 33.69% in April

Iheanyi Ejiofor May 15, 2024 No Comments #inflation

Our reporter/ Nigeria’s inflation rate surged to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. This was according to the National Bureau of Statistics…

Read More Nigeria’s inflation rate surges to 33.69% in April
Business Economy headline

Interest rates would stay high until inflation is tamed, says Cardoso

Iheanyi Ejiofor May 13, 2024 No Comments #CBN#inflation#interest rate

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has hinted that  interest rates would remain high until inflation rate is tamed. The apex Bank governor, according to…

Read More Interest rates would stay high until inflation is tamed, says Cardoso
Business Economy headline

Nigeria’s inflation rate surges to 33.20%

Iheanyi Ejiofor April 15, 2024 No Comments #inflation

Our reporter/ Nigeria’s inflation rate surged to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. The National Bureau of Statistics (NBS) made the disclosure…

Read More Nigeria’s inflation rate surges to 33.20%

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