Tag: Nigeria economy
Challenges in Nigeria’s Economy: Food Union Expresses Concerns
The Leadership of the National Union of Food Beverages and Tobacco Employees (NUFBTE) have been expressing concerns about the challenges faced by the food sector and the country's economy in recent years. The former...
Inflation Forecast: 24.48% Drop in Rebased CPI
Summary: The National Bureau of Statistics in Nigeria is set to release rebased Consumer Price Index (CPI) figures, with a forecasted drop in headline inflation to 24.48%, core inflation to 22.59%, and food inflation...
CBN Maintains Monetary Rates at 27.5% – Latest Updates
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rates (MPR) at 27.5 per cent. The announcement was made by the Central Bank Governor, Olayemi Cardoso, during a press briefing...