Tag: Inflation

Cost of sales, totalling N337.3 billion, gulped N60.4 billion.

What Emefile’s CBN has succeeded in doing is cash "seizure", which has left millions of Nigerians miserable as they struggle ...

Inflation rose to 21.82 per cent in January compared to 21.34 per cent in December, the statistics bureau said.

Central Bank of Nigeria (CBN) So why does the CBN’s Monetary Policy Committee go through the motion of regularly tinkering ...

The CBN should resist the temptation to further increase the Monetary Policy Rate, some experts warned.

The failure of the energy policy and its impact on the lives of almost 200 million Nigerians have been harrowing. ...

The CBN's MPC also voted to keep the asymmetric corridor at +100 and -700 basis points around the MPR

Ghana is battling its worst economic crisis in a generation, amid a currency crisis that has worsened the nation’s fiscal ...

Mr Obi cautioned Nigerians against electing the wrong leaders in the coming polls.

Employment levels in firms jumped as workload expanded

The World Bank said CBN’s financing of the fiscal deficit continues to fuel inflation by increasing liquidity in the money ...

I fear that Nigeria will still lose, regardless of who wins, in two months. Going back to the Minnie Louise ...

Ways and Means finances of the apex bank pose greater liquidity and inflation risk to the economy, the think tank ...

The rising price of consumer goods and a record high inflation prompted Nigerian workers to demand better pay.

Nigeria had its own share of bad stories. On 28th of March, Nigerians were shocked when an Abuja-Kaduna train was ...

It will help curb inflation by reducing the amount of cash in circulation and cash chasing fewer goods. It may ...

Nigeria’s inflation rate rose for the 10th consecutive month in November to 21.47 per cent from 21.09 per cent recorded ...

The CBN says previous increases were beginning to yield results and there was need to keep tightening. It tightened by ...

Bayelsa state is under the attack of natural flood disaster,a resident lamented.

“My own brother!” “What’s up men? Have you gone to deposit all the N200, N500, N1,000 notes that you have ...

While there are legitimate political and economic headwinds, there are also reasons for optimism in the African continent.

A new market survey by PREMIUM TIMES shows prices of staples have risen over 100 per cent in at least ...

The new inflation rate raises concerns in Africa’s biggest economy, placing pressure on the apex bank to increase interest rates.

Manufacturers and importers complain about the nation’s import duty pricing of some raw materials which are being valued based on ...

Traders ignored impressive half-year earnings of Presco and FBN Holdings as they put huge volumes of both firms’ shares to ...