The Central Bank of Nigeria has said the country’s inflation rate is better compared to most African nations. The Acting Governor of the CBN, Folashodun Shonubi, stated this on Tuesday at the 2023 Zenith Bank International Trade Seminar. Shonubi, who…
By Ogaga Ariemu Economists and financial experts have raised concerns that investors in Nigeria hardly profit due to harsh economic realities occasioned by an increase in the Monetary Policy Rate and untamed inflation rate. In an interview with Nigeria NewsDirect…
The National Bureau of Statistics (NBS), on Monday reported that Nigeria’s inflation rate had hit a 17-year high on the back of soaring food prices and supply chain disruption in September. The Consumer Price Index’s (CPI) report showed that inflation…
…Decision poses negative impact on equities — Security experts …Wrongly timed, won’t tame inflation, will rather hurt investors, businesses — CPPE …Rate hike will cut down borrowing, address rising liquidity — Chizea By Seun Ibiyemi and Ariemu Ogaga Again the Central Bank of…
Economic realities in Nigeria have posed their blows of unfriendly woes in recent times. The impacts at the local level have been so strong with turbulence, making conditions of living unbearable for many. The plight of the larger masses, recently,…
…FG needs to tackle insecurity, reduce fiscal policy deposit monetisation — CPPE By Seun Ibiyemi Nigeria’s inflation rate dropped marginally to 15.6% in January 2022, representing a reversal from the uptick recorded in the previous month, when it increased to…
As we review the general performance of the year 2021, it is crucial that we also weigh the performance of our equities investment against the average inflation rate of the year to help gauge the worthiness of such investments. The…
By Kayode Tokede With double-digit inflation rate, among other factors, a total of 10 banks Operating Expenses (OPEX) rose by seven per cent to N932.26billion in half year of 2021 (H1) as against N871.67billion in half year of 2020. Regulatory…
…rate decline remains minor — former DG LCCI By Uthman Salami, Ariemu Ogaga & Moses Adeniyi The Nigerian inflation rate slowed in downward trend by 0.37 per cent for the fifth consecutive time in a row that the rate will…
By Olaleye Aanuoluwapo, Abuja The former Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf and the President, Association of Capital Market Academics of Nigeria (ACMAN), Prof Uche Uwaleke have expressed views on the recent drop in inflation,…
