Nigeria’s inflation rate in September rises to 32.70% due to petrol price increases
Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month.
Nigeria
Central Bank of Nigeria raises interest rate by 50 basis points to 27.25%
In a move that stunned the financial markets, the Central Bank of Nigeria (CBN) Monetary Policy Committee voted to further raise interest rate by 50 basis points to 27.25%.
Nigeria : Monthly food inflation declines for second consecutive month in April - NBS
Nigeria’s month-on-month food inflation declined in April for the second consecutive time following five months of consistent increase dating back to October 2023.
Central Bank of Nigeria increases interest rate by 150 basis points to 26.25%
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points to 26.25% from 24.75%.
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