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Nigeria Inflation News

Naira Opens Week Positive As Inflation Further Drops

The Nigerian naira opened the week on a positive note, trading below ₦1,500 per dollar at the official foreign exchange market. The Central Bank of Nigeria (CBN) data showed that the naira appreciated to ₦1,497.5 per dollar at the Nigerian Foreign Exchange Market (NFEM)

September 16, 2025

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Business·FEATURES·News

Minimum Wage vs. Inflation Battle: Can Nigerians Ever Earn Enough?

In February 2025, Prime Business Africa reported the Central Bank of Nigeria (CBN) announcement of a significant drop in the country’s inflation rate to 24.48%, following a rebasing of the Consumer Price Index (CPI). This statistical adjustment aimed to provide a more

February 25, 2025

News·Top Stories·World News

Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

The United Kingdom’s inflation rate has risen once again, with the Consumer Prices Index (CPI) reaching 2.6% in November. This is a rise from October’s figure of 2.3%, according to the Office for National Statistics (ONS). The increase places inflation well above

December 19, 2024

News·Top Stories·World News

Food Prices Drive Inflation In Turkey As November Figures Show Increase

Turkey’s inflation rate continued its upward trajectory in November, with food prices playing a key role. The Consumer Price Index (CPI) rose by 2.2% in the month, surpassing expectations, while the annual inflation rate dropped to 47.1%, showing a decline from October’s

December 3, 2024

Africa·Business·News·Top Stories

Food Prices Push Inflation As Ghana Maintains Interest Rate At 27%

Ghana’s central bank highlights food price volatility as inflation edges up. Experts warn of broader economic impacts. Ghana’s central bank announced on Friday that it will keep its main interest rate steady at 27%, attributing the decision to persistent increases in food

December 2, 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Finance & Economy

Week Ahead: Nigeria CPI, USD And Oil In Focus

By Lukman Otunuga, Senior Market Analyst At FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed with inflation figures from major economies, including the United States,

November 11, 2024

Business·News

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC’s One-Month Moratorium: A Call for Cooperation The Federal Competition and Consumer Protection Commission (FCCPC) has provided further clarity regarding its one-month moratorium given to traders and market stakeholders involved in exploitative pricing. This comes after feedback on the recent directive to

September 1, 2024

Rising Cost Of a Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Business·News

Rising Cost Of Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Cost of a Healthy Diet in Nigeria Surges The cost of maintaining a healthy diet in Nigeria has surged by 47.44% in the first seven months of 2024, significantly outpacing both general inflation and food inflation. This increase, detailed in a new

August 30, 2024

Inflation: How To Protect Your Money In An Unstable Economy

Business·FEATURES·News

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Rising Inflation Puts Nigerian Small Businesses on the Brink Small business owners across Nigeria are grappling with unprecedented challenges as rising inflation continues to batter the economy. The effects of the economic downturn are far-reaching, with many entrepreneurs facing significant financial strain,

August 25, 2024

Business·News·World News

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Bitcoin and Inflation: A Volatile Week Bitcoin’s price saw significant swings this week as the U.S. Consumer Price Index (CPI) report was released. The cryptocurrency’s value surged ahead of the report, reflecting market optimism, only to experience a sharp decline afterward. Bitcoin’s

August 17, 2024

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Nigeria Inflation News

Naira Opens Week Positive As Inflation Further Drops

Minimum Wage vs. Inflation Battle: Can Nigerians Ever Earn Enough?

Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

Food Prices Drive Inflation In Turkey As November Figures Show Increase

Food Prices Push Inflation As Ghana Maintains Interest Rate At 27%

Week Ahead: Nigeria CPI, USD And Oil In Focus

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

Rising Cost Of Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

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Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

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Air Peace Breaks Ground on ₦32 Billion Aircraft Maintenance Hub, Targets 50,000 Jobs, Regional Impact

Lagos Police Arrest NURTW Boss Over Murder Allegations as Chairman Distances Union From Violence

Mandilas Market Fire Destroys 200 Shops in Lagos, NEMA Calls for Stronger Safety Measures

UBA Reports N335bn Profit After Tax, Signals Robust Half-Year Growth

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

Naira Rises To N1,500/$ At Official Market

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

Air Peace Breaks Ground on ₦32 Billion Aircraft Maintenance Hub, Targets 50,000 Jobs, Regional Impact

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