Inflation in Nigeria

Currency In Circulation Hits N5.01trn As 91.2% Of Cash Remains Outside Banks

Currency in circulation (CIC) in Nigeria rose marginally by 0.24 per cent from N5.003 trillion in March to N5.015 trillion in April 2025. The increase reflects a continued build-up of liquidity in

Victor Ezeja

June 2, 2025

Business·Diaspora

‘CBN’s Interest Rate Remains High, Choking Businesses’

The Central Bank of Nigeria’s (CBN) decision to retain the current monetary policy parameters has continued to generate reactions from interest groups and economic analysts. Prime Business Africa had reported that during

Victor Ezeja

May 24, 2025

Business·Finance & Economy

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has called on the fiscal authority to strengthen efforts towards enhancing foreign exchange earnings for the country, especially from oil and gas

Victor Ezeja

May 21, 2025

Why CBN Retained Bencmark Interest Rate At 27.5%

Business·FEATURES·Finance & Economy

Inflation: Concerns About CBN’s Monetary Policy Impact As 91% Of Naira Outside Banks

As the Central Bank of Nigeria (CBN) holds its 300th Monetary Policy Committee (MPC) meeting on Monday, May 19 and Tuesday, 20 2025, to decide the next step in addressing the challenges

Victor Ezeja

May 19, 2025

How Hunger Stampede In 3 Nigerian Cities Claimed 70 Lives In 48 Hours

Finance & Economy

10 States With Lowest Cost Of Living In Nigeria

Finding affordable states to live in has become essential for low-income earners, families, pensioners, and students as Nigeria continues its journey toward economic recovery in 2025. Some states now provide much lower

Victor Ezeja

May 16, 2025

Finance & Economy·Opinion

Perspectives On Inflation

The Central Bank of Nigeria (CBN) has been making good efforts and using the necessary monetary tools, especially the Monetary Policy Rate (MPR), to fight inflation, and it is anticipated that the

Arize Nwobu

March 12, 2025

Finance & Economy

Why CBN Retained Benchmark Interest Rate At 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark interest rate in the country, at 27.50 percent. This was announced

Victor Ezeja

February 21, 2025

Latest Petrol Price Hike Ill-timed - CPPE

Business·Finance & Economy

Nigerians, Businesses Need Reduction In Prices Not Just Inflation Rate – Muda Yusuf

CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has stated that what households and businesses in Nigeria need is a drastic reduction in prices not just

Victor Ezeja

February 20, 2025

Rebasing Nigeria's GDP Inflation and Impact on Economy

Finance & Economy

Rebasing Nigeria’s GDP, Inflation: Any Impact On Economy?

The National Bureau of Statistics (NBS), recently announced plans to rebase Nigeria’s Gross Domestic Product (GDP) and the Consumer Price Index (CPI) used to measure inflation rate in the country. The last

Victor Ezeja

February 2, 2025

What Govt Should Do To Rein In Inflation

Business·Finance & Economy·News

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

Nigeria’s headline inflation rate hit 34.60 per cent in November 2024. This indicates an increase of 0.72 per cent points compared to the October 2024 inflation rate which was 33.88 per cent.

Victor Ezeja

December 16, 2024

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Currency In Circulation Hits N5.01trn As 91.2% Of Cash Remains Outside Banks

‘CBN’s Interest Rate Remains High, Choking Businesses’

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

Inflation: Concerns About CBN’s Monetary Policy Impact As 91% Of Naira Outside Banks

10 States With Lowest Cost Of Living In Nigeria

Perspectives On Inflation

Why CBN Retained Benchmark Interest Rate At 27.5%

Nigerians, Businesses Need Reduction In Prices Not Just Inflation Rate – Muda Yusuf

Rebasing Nigeria’s GDP, Inflation: Any Impact On Economy?

Inflation Hits 28-Year High Of 34.6% On Food, Energy Costs

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