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Inflation in Nigeria - Page 4

$500m World Bank Loan: LCCI Highlights How Nigeria Can Reduce External Borrowing

Nigeria’s Forex Crisis Rooted In Weak Industrial Capacity – LCCI

Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry, revealed that Nigeria’s prolonged foreign exchange crisis stems from its feeble industrial capacity. Idahosa emphasized the absence of a determined will to embark on an industrial revolution capable of revitalizing the

February 2, 2024

Nigeria Week Ahead: Inflation, Naira and Oil In Focus

Finance & Economy

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Economic experts have called on authorities to adopt a multi-sectoral approach in tackling high inflation in Nigeria.

January 16, 2024

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

Business

Blame Naira Depreciation For Nigeria’s Highest Inflation In 21 Years – Experts

Nigeria grapples with a daunting economic challenge as inflation hits a 28.92% in December 2023, marking the highest in 21 years, according to data from the National Bureau of Statistics.

January 16, 2024

Business·Finance & Economy

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of Nigeria's quarterly economic reports.

December 29, 2023

Business·Finance & Economy·News

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

Tilewa Adebajo, the Chief Executive Officer of CFG Advisory, stressed the necessity for Nigeria to broaden its revenue streams in order to combat the prevailing inflation challenge. Adebajo emphasized the urgency of diversification to bolster the government’s financial capacity and foster economic

November 17, 2023

FEATURES·Finance & Economy

What Govt Should Do To Rein In Inflation

The surging inflation rate in Nigeria has been a source of worry to stakeholders given the impact on the economy and the citizens who bear the brunt of skyrocketing costs of things. The National Bureau of Statistics on Wednesday released its report

November 16, 2023

Business·Finance & Economy·News

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

Global financial advisory service firm, KPMG, has predicted that Nigeria’s headline inflation is poised to skyrocket to 30% by the end of 2023. The West African nation, already grappling with a headline inflation rate of 26.72% in September, is facing a challenging

November 12, 2023

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·News

Cardoso States His Focus As Sanusi Reminds Him Of CBN’s Massive Impact On Nigerians

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, at the weekend reiterated that the apex bank under his leadership, would concentrate mainly on the core mandate of price stability by curtailing inflation. Prime Business Africa reports that since

November 5, 2023

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

Business·News

Stears Predicts 30% Inflation Rate

Stears, the data-driven insights provider, has predicted a potential 30% inflation rate by December 2023 in Nigeria.

October 27, 2023

Business

US Inflation Peaks At 3.7% In September, Sparking Debate On Interest Rates

An economic report has indicated that consumer prices in the US maintained their upward trajectory in September, primarily driven by surging housing and petrol costs, keeping inflation at a steady 3.7% for both August and September. The Federal Reserve is now deliberating

October 13, 2023

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Inflation in Nigeria - Page 4

Nigeria’s Forex Crisis Rooted In Weak Industrial Capacity – LCCI

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Blame Naira Depreciation For Nigeria’s Highest Inflation In 21 Years – Experts

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

What Govt Should Do To Rein In Inflation

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

Cardoso States His Focus As Sanusi Reminds Him Of CBN’s Massive Impact On Nigerians

Stears Predicts 30% Inflation Rate

US Inflation Peaks At 3.7% In September, Sparking Debate On Interest Rates

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