…Political leadership reason for continuous increase — Oyedokun …Current administration has brought retrogressive policies on economies, governance — Odewale …FG must restudy concept paper of ‘Operation Feed the Nation’ to induce investors — Tajudeen …Inflationary pressures weaken purchasing power of…
By Ogaga Ariemu Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) has been slated to commence on Monday amid inflationary pressure, other challenges facing Nigeria’s economy. The Consumer Price Index (CPI), which measures the rate of…
Some experts have urged Nigerians to grow the food they eat and be more productive to control inflation. The experts were reacting to the April inflation rate, which rose to 16.82 per cent, according to the National Bureau of Statistics…
Inflationary pressure in the coming months have been projected by analysts to take grip on the Nigerian economy, as records for the third consecutive month keep soaring, hitting 16.82 per cent in April, 2022. In its Consumer Price Index (CPI)…
The Central Bank of Nigeria may need to tighten monetary conditions, in form of higher rates, in line with the global trend of managing foreign currency reserve depletion. This is according to a Sigma Pensions report titled, ‘Nigeria 2022 outlook:…
…As politicking for 2023, Omicron, portend dicey possibilities By Moses Adeniyi, Uthman Salami, Seun Ibiyemi, Abimbola Abatta Key indicators giving projection to the expectations from Nigeria’s economy in 2022 have shown that subsidy removal policy, projected rise in inflation, and…
As the yuletide festivities draw close, it is only very much in view that the streams of activities and events would be inseparable from the configurations of economic realities. The choices and spendings of many would largely be framed within…
By Seun Ibiyemi According to the recent inflation report by the National Bureau of Statistics (NBS), Nigeria’s inflation rate has continued to drop further in the month of November 2021 to 15.4% from 15.99% recorded in October month. According to…
The Consumer Price Index which measures inflation increased by 17.38% (year-on-year) in July 2021. This is 0.37% lower than the rate recorded in June 2021 (17.75%). The National Bureau of Statistics disclosed this in its Consumer Price Index report for…
By Kayode Tokede A finance expert, Prof. Uche Uwaleke has welcomed the further drop in Nigeria’s inflation rate, saying the development will further boost investor confidence. According to him, “It is cheering to note that headline inflation dropped again in…
