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Inflation in Nigeria - Page 3

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

The Central Bank of Nigeria (CBN) has announced changes in its lending and deposit facilities, in a bid to manage liquidity in the nation’s financial system. The CBN lifted the suspension of its Standing Lending Facility (SLF) for banks, and unveiled a

August 27, 2024

Business·News

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

Inflation Triggers Business Decline in Nigeria Nigeria’s business landscape faced a notable setback in July as inflation pressure led to a steep decline in business activity. The latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank revealed that the headline index

August 12, 2024

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Finance & Economy

Food Prices Remain Major Contributor To Nigeria’s High Inflation

As Nigeria's inflation rate continues to surge, high food prices has remained a major contributor to it.

June 16, 2024

Why Increasing Minimum Wage To At Least N100,000 Is Important - Analysts

Business·News

Minimum Wage Increase: Prepare To Deal with Inflation, Economist Tells FG

Chief Economist and Senior Partner at SPM Professionals, Dr Paul Alaje, has stated that given the present economic realities in Nigeria, workers deserve an increase of their minimum wage but the government should also prepare to deal with inflationary

June 4, 2024

10 States With Lowest Cost Of Living In Nigeria 2024

Finance & Economy

Top 10 Nigerian States With Highest Cost Of Living As Of April 2024

Nigerian has continued to witness high cost of living in recent times as prices of things continue to rise beyond the purchasing power of average citizens.

May 17, 2024

Finance & Economy

Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise

Nigeria’s headline inflation rate increased to 33.69 percent in April 2024, recording a 27-year high. This upward spiral which is for the 18th straight month, reflects a 0.49 per cent increase when compared to March 2024

May 15, 2024

Business·News

Anambra Residents Lament As Cost Of Things Bite Harder

Residents of Anambra State have lamented the persistent rise in costs of things across the country.

May 15, 2024

Labour Begins Indefinite Strike Monday Over Minimum Wage, Electricity Tariff Hike

Labour·News

Economist Warns About Implications Of Minimum Wage Increase On Inflation

As organised labour continues to push for an increase in minimum wage for Nigerian workers, an economist Mr Soni Daniels Ezeanochie, has cautioned against over-reliance on wage hikes as a panacea for economic challenges.

May 3, 2024

FEATURES·Finance & Economy

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

The recent appreciation of the naira had given a ray of hope to many Nigerians of possible drop in prices of commodities in the market, especially those ones that affect their daily lives, like food, but the reverse has been the case

April 16, 2024

Business·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

March 28, 2024

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Inflation in Nigeria - Page 3

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

Food Prices Remain Major Contributor To Nigeria’s High Inflation

Minimum Wage Increase: Prepare To Deal with Inflation, Economist Tells FG

Top 10 Nigerian States With Highest Cost Of Living As Of April 2024

Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise

Anambra Residents Lament As Cost Of Things Bite Harder

Economist Warns About Implications Of Minimum Wage Increase On Inflation

More Economic Burdens For Nigerians As Prices Remain High Despite Naira Appreciation

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

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Inflation in Nigeria - Page 3

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