CBN Retains Interest Rates Amidst Inflation Decline
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) concluded its 299th meeting on Thursday in Abuja, deciding to ...
Tag: inflation
How CBN Tamed Inflation in 2024- Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has commended the apex bank's policy interventions, stating that ...
Telecom Tariff Hike: Inflation Cure or Consumer Burden?
The announcement of a proposed telecom tariff hike in Nigeria has caused heated debates, with Financial Derivatives CEO Bismarck Rewane ...
Rewane Slams Tinubu’s 15% Inflation Target as Unrealistic
Bismarck Rewane, the Managing Director of Financial Derivatives Company Limited, recently weighed in on President Bola Tinubu’s ambitious goal to ...
Unrealistic Goals: Analyst Critiques Tinubu’s 2025 Inflation Projection
Economist Paul Alaje has expressed skepticism over President Bola Tinubu's projection of a 15% inflation rate for 2025, describing it ...
Nigerians Face 30.54% Transport Inflation Amid Holiday Season
As Christmas approaches, Nigerian travelers are grappling with a record-high transport inflation rate of 30.54% in November 2024, according to ...
Nigeria’s Inflation Projected to Decrease to 34.5% in December 2024
Nigeria's inflation rate is likely to drop slightly to 34.5% by December 2024, a decrease of 0.25 percentage points, according ...
2025 Budget: Tinubu Unveils Plan to Cut Inflation from 34.6% to 15%
President Bola Ahmed Tinubu has promised to lower Nigeria’s inflation rate from 34.6% to 15% by the end of 2025. ...
Nigeria’s Inflation Hits 34.6% as Cost of Living Crisis Worsens
Nigeria's inflation rate continues its relentless climb, hitting 34.60% in November 2024, up from 33.88% in October, according to the ...
Analysts Anticipate 50 Basis-Point Rate Hike Amid Persistently Elevated Inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has commenced its final two-day meeting for 2024 ...
Nigeria to Rebase Inflation and GDP Data in 2025
The Federal Government has revealed plans to update the Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025. ...
Nigeria’s Inflation Soars to 33.88% in October: Is the Economy Drowning?
Nigeria's inflation has reached a new high, and the National Bureau of Statistics (NBS) seems to think a slight increase ...
Nigeria’s Inflation Rate Set to Rise in October Amid Economic Pressures
Nigeria's inflation rate is likely to go up in October 2024, after reaching 32.70% compared to the same month last ...
Christmas Anticipation Inflates Groceries in the UK
British shoppers are now grappling with renewed price hikes on their budgets in October after grocery price inflation climbed higher ...
Inflation Alert: Nigeria’s Economy Teeters on the Brink
Nigeria's high inflation rate, which was about 17.01% in August 2024, has puzzled economists, government officials, and business leaders. The ...
We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.