Inflation
Nigeria’s Money Supply Hits N114tn as Cash Use Soars, Inflation Persists
Nigeria’s money supply surged to N114.22tn in March 2025, a 24% rise from March 2024, despite the CBN raising the Cash Reserve Ratio...
Olaitan Sodiq
Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand
Nigeria’s headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of...
Olaitan Sodiq
Presidency Reaffirms Tinubu’s Commitment To Reducing Inflation To 15% By 2025
The presidency has reaffirmed President Bola Tinubu’s commitment to reducing Nigeria’s inflation to 15% by December 2025. According to the Special Assistant to...
Olaitan Sodiq
2024 Inflation Rate To Decline – World Bank
The World Bank, in its recent announcement on Monday, predicts that Nigeria’s inflation rate will decline to 24.8 per cent year-on-year (YoY) in...
Tapre Timine
JUST IN: Inflation drop to 33.2% in August 2024 – NBS
Nigeria’s headline inflation rate has dropped to 33.2% in August 2024, indicating a 1.25% decrease from the 33.4% recorded in July 2024. This...
Olaitan Sodiq
Petrol Tanker Drivers To Halt Operations over Inflation
The Nigerian Association of Road Transport Owners (NARTO) has declared its intention to halt operations starting from Monday. Alhaji Yusuf Lawal Othman, the...
Tapre Timine
CPPE Urges FG to Fix Import Duty Exchange Rate at N1000/$ for 6 Months
The Centre for the Promotion of Private Enterprise (CPPE) has appealed to the Nigerian government to peg the custom duty exchange rate...
Olaitan Sodiq
JUST IN: Again, Inflation Rises To 32.70%
Nigeria’s inflation rate has surged to an alarming 32.70% in September 2024, marking a significant rise from the previous month’s 32.15%, according to...
Olaitan Sodiq
Governors Received N30bn Each to Mitigate Inflation – Akpabio
The Senate President, Godswill Akpabio has stated that an “unverified source” suggested that state governors received N30bn each from the Federation Account. Akpabio...
Tapre Timine
