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 at N1,000 per dollar for at least…
Survey Shows 74% Expect CBN Rate Cut in July
A recent survey conducted by the Statistics Department of the Central Bank of Nigeria (CBN) has revealed that 74.2% of respondents believed the apex bank should have reduced the…
Healthy Food Costs Rise to N1,265 in Nigeria – NBS
Nigeria's average cost of a healthy diet has risen to N1,265, a 1.9% increase from the previous month, according to data from the National Bureau of Statistics. The…
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 represents the second consecutive monthly slowdown in…
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 data released by the National Bureau of…
JUST IN: Nigeria’s Inflation Hits 33.88% in October, Food, Fuel Prices Soar
Nigeria’s inflation rate surged to 33.88% in October 2024, up from 32.70% in the previous month, according to the latest Consumer Price Index (CPI) and Inflation report by the National…
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 President Tinubu on Social Media, Dada Olusegun.…
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 Statistics (NBS). The increase is attributed to…
BREAKING: Nigeria’s Inflation Rises to 22.79%
According to the National Bureau of Statistics (NBS), inflation in Nigeria rose to 22.79% in June 2023. The NBS report suggests that the 22.79 percent was the sixth consecutive increase…
Top 10 Most Weakest Currencies in The World
The weakest currencies in the world have some surprises listed among them. A robust currency is primarily linked to a steady economy, along with low inflation and interest rates. However,…
