inflation rate

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    CBN MAY HALT INTEREST RATE HIKE AS INFLATION FALLS TO SIX-MONTH LOW

    CBN MAY HALT INTEREST RATE HIKE AS INFLATION FALLS TO SIX-MONTH LOW Detailed Breakdown: Nigeria's inflation rate dropped to a six-month low in August 2024, giving the Central Bank of Nigeria (CBN) the potential opportunity to pause its current cycle of interest rate hikes, according to a...
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    Nigeria's Inflation Rate Sees Uptick to 24.08% in July, Reflecting Economic Strain

    Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS) on Tuesday. The data indicated that the inflation rate for July 2023 displayed a notable 1.29%...
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