Manufacturers are spending more on the acquisition of technologies, equipment, capital work in progress, and facilities, signaling ...
In 2024, the National Bureau of Statistics (NBS) commenced efforts to rebase the Nigerian economy. The rebasing would impact ...
The Central Bank of Nigeria has spoken on the strategies it will use to bring the inflation rate down from the 24.48% ...
On Thursday, the Central Bank of Nigeria’s (CBN) governor, Olayemi Cardoso, stated that the central bank’s goal is to reduce ...
The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, following the recent rebasing of the Consumer Price Index (CPI) and subsequent ...
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective ...
The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...
The review added that “On a yearly basis, Nigeria’s CPI score fell slightly from 26 in 2019 to 25 in 2020. It fell further to 24 in 2021. The country’s score remained unchanged in 2022 before ...