Inflation rises to 34.8% as festive period drives up demand
•Analysts projects lower inflation for January •CPPE calls for pause in monetary policy tightening By Babajide Komolafe & Elizabeth Adegbesan Nigeria’s inflation rate rose to 34.8 per cent in December from 34.6 per cent in November driven by festive period rise in demand for goods and service. The National Bureau of Statistics, NBS, disclosed this in […]
Cartoon: Renewed Hope gods now need petrol
Renewed Hope gods now need petrol
I don’t belong to any political party – Obasanjo
“Some Yoruba elements in our campaign saw you as a spy. The Igbo elements on the other side saw you as a bastard”
Trump’s win: Global markets in upswing, Nigeria goes opposite direction
“A stronger dollar may drag oil prices lower as a result… bad news for major oil producing countries who acquire most of their revenues from oil sales”
Naira appreciates to N1,720/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,720 per dollar in the parallel market from N1,725 per dollar on Monday Similarly , the Naira appreciated to N1,671.32 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,671.32 per dollar from […]
CBN ready to use all tools to manage inflation — Cardoso
“With the reforms that are being taken right now, it will put Nigeria in a far better position to see the increase on the growth side”
