Nigeria’s Inflation Drops To 23.71%
Nigeria’s headline inflation dropped to 23.71 per cent in April, a rise that will likely lead monetary policymakers to cut ...
Tag: Inflation Rate in Nigeria
We Increased Interest Rate To 27.25% To Reduce Excess Money In Circulation, Control Inflation – Cardoso
“Our decision to raise the Monetary Policy Rate (MPR) to 27.25% was a bold move. Higher interest rates, while painful ...
CBN Raises Interest Rate To 26.25% To Fight Inflation
The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate by 150 basis points to 26.25 per ...
BREAKING: Food Crisis Worsens As Inflation Rises To 33.69% In Nigeria
The National Bureau of Statistics (NBS) on Wednesday said the inflation rate increased to 33.69% in April 2024 from 33.20% ...
Nigeria Faces 35% Naira Depreciation Risk, 44% Inflation Peak – IMF
The International Monetary Fund (IMF) has warned that Nigeria's exchange rate could depreciate 35 per cent this year. The bank ...
