The Monetary Policy Committee led by the Central Bank of Nigeria raised the interest rate by 100 basis points to 14% on Tuesday.
Nigeria's inflation rate rose to 18.60% year-on-year in the month of June, according to the latest data from the National Bureau of Statistics (NBS).
The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate by another 100 basis points from 13% to 14% to curb the nation's rising...
The United States inflation rate rose from 8.6% in May to 9.1% in the month of June, the U.S. Bureau of Labor Statistics reported on Wednesday.
The persistent increase in the price of bakery materials and the Federal Government’s nonchalant attitude towards the situation has forced bread producers across the country to...
Rising cost of goods and services is expected to compound Nigeria's high cost of subsidizing fuel and eventually impede the nation's ability to wriggle out of...
The price of goods and services in Africa’s largest economy grew at a faster pace in the month of May, according to the latest report from...
The World Bank has said Nigeria’s rising inflation rate could push an additional one million people below the poverty line by the end of 2022. The...
Prices of goods and services in Africa’s largest economy Nigeria rose high in the month of April, according to the latest report from the National Bureau...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA European equity markets are a little flat on Wednesday, with inflation data this morning once again...