Nigeria’s inflationary rate for March, 2019 has been projected to stand at 11.2 percent by the Lagos based Financial Derivatives Company, FDC. According to the National...
Vice-President Yemi Osinbajo has downplayed the Nigeria’s growing debt burden, insisting that it is one of the lowest in the world when compared to the size...
The Central Bank of Nigeria, CBN, has estimated that the country’s inflationary rate will rise to 12 percent and thereafter moderate. The Governor of the CBN,...
Private sector operators under the aegis of the Nigerian-American Chamber of Commerce (NACC), have described the need for improved governance to aid improvement in the standard...
The National Bureau of Statistics (NBS) has released its Consumer Price Index (CPI) report for December 2018, indicating that inflation rose from 11. 28 percent in...
IF analysts’ projections are anything to go by, the recent reversal in the inflationary developments in the economy towards uptick is set to be sustained not...
The Consumer Price Index, measuring inflation rate, increased from 11.26 percent in October to 11.28 percent year-on-year in November, according to the latest inflation report by...
As workers and their unions celebrate the N30,000 new minimum wage approved by President Muhammadu Buhari yesterday, analysts have expressed fear that the fresh wage regime...
Nigeria’s inflation rate has risen for the second consecutive month in September on continued shortage of food supply in the market, data from the National Bureau...
The Premium Bread Makers Association of Nigeria has warned that the increase in the cost of baking ingredients may soon warrant an upward review of the...
Nigeria’s inflation rate has dropped in July for the 18th consecutive time, the National Bureau of Statistics (NBS) has said. In the July inflation report by...
Nigeria’s inflation rate is expected to drop Year-on-Year (YoY) for the eighteenth month to 11.01 percent in July, FSDH has said. The index, according to the...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the key lending rate at record-high of 14 percent for the...
Nigeria’s inflation rate is expected to drop for the 17th consecutive month in June, indicating that prices of goods and services increased in June at a...
Nigeria’s inflation rate further dropped for the 15th consecutive month in April, creating a positive outlook for interest rate cut to drive growth. This is contained...
Latest report released by the National Bureau of statistics, indicates that Nigeria’s inflation rate has dropped to 15.13 percent in January from the 15.37 percent recorded...
Inflation in Nigeria maintained a downward trend between April and May 2017, having recorded 16.25 per cent in May, compared with 17.24 per cent it posted...
The National Bureau of Statistics (NBS) has released the latest inflation rate, indicating the first slowdown in the inflationary trend in the past 15 months. The...
Uneasy calm has gripped policy makers as expectations have remained high as the CBN’s Monetary Policy Committee (MPC) commences its two-day first meeting of 2017 on...
Inflation rate, which measures changes in prices of items, trended upward to its highest in more than 11 years in December 2016. This beats several analysts’...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, at the MPC confirmed that there will be no downward review of the high...
A new twist has been added to the face-off between the CBN Governor, Godwin Emefiele and the Minister of Finance, Kemi Adeosun, on how interest rate...
The National Bureau of Statistics, NBS, recently released another frightening figure indicating that the current inflation rate in the country is on the rise, and that...
Average return on the Nigerian equities worsened to -9.27 per cent on Monday as the stock market reopened to continuing selloff. The National Bureau of Statistics...
The National Bureau of Statistics (NBS) has just released the latest inflation rate, indicating another spike in inflation rate to 18.33 per cent, 0.48 percentage points...
First Nation Airways, one of the local airlines that announced winding down operations in Nigeria, due to economic meltdown, has made a u-turn saying it will now resume operations before September 15, 2016. The airline Monday morning in a statement signed by its Corporate...
Moody’s, the global rating agency, has predicted a further rise in the already historic high in the nation’s inflationary rate to 18 per cent. According to...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
Nigeria’s annual inflation rate has maintained its upward rise hitting 17.1 per cent from 16.5 per cent recorded in June, without any sign of improvement in...
The National Bureau of Statistics (NBS) will this Thursday announce that Nigeria’s spiraling inflation has throttled to its highest in 11 years. Most analysts predicted that...
The Governor of Kaduna State, Nasir el-Rufai, Wednesday, came hard on the decision of the Central Bank of Nigeria to increase its Monetary Policy Rate, MPR,...
The average intrinsic value of money in Nigeria may further decline to its lowest in recent period as analysts forewarned that inflation rate may rise for the...
The Governor of Nigeria’s Central Bank, Godwin Emefiele, Tuesday, insisted that the country’s financial system is still strong despite astronomical inflation rate and economic stagnation. The...
Average year-to-date return at the Nigerian stock market relapsed into the negative on Tuesday as sustained sell-off pushed quoted companies to lower prices. With average decline...
The economic woes facing Nigeria seems not to have any sign of abetting as its annual inflation index has perpetually accelerated to 16.5 percent in June, from 14.6 percent in the previous month. This, according to a data index...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
Amidst speculations of ill-health, President Buhari on Monday received in audience the governor of Ogun State, Ibikunle Amosun. Ripples Nigeria had quoted presidency sources earlier on...
Tomatoes is a favourite staple in Nigeria, and so, a large number of locals who cannot cope with the inflation in its price are hesitant to...
A report released by the Central Bank of Nigeria, CBN, has revealed that the Nigerian economy further declined in the month of April. According to the...
A former Minister for Education, Oby Ezekwesili has stated that the economic policies put forward by the President Muhammadu Buhari administration are similar to the ones...
President Muhammadu Buhari has said that his government empathises with Nigerians over the pains they are going through, occasioned by fuel scarcity, poor power supply and...
By Remi Oyeyemi If the purpose of government is to ease the lives of the people, then it is time for President Mohammadu Buhari to really...
In from Success Allantee . . . Many analysts said they expected inflation rate to increase successively in the period ahead as the National Bureau of...
Nigeria’s Inflation rate in August rose to its highest level since February 2013, and above the Central Bank of Nigeria’s June upper limit of nine per...
Nigerian banks are pulling back from internationally syndicated dollar loans as falling oil prices and new regulation introduced by the Central Bank of Nigeria (CBN) late...