Inflation Archives - News Desk Nigeria

Inflation rate hits 21.47% in November – NBS

NewsDeskNgDec 16, 2022December 16, 20220

Headline inflation rate increased to 21.47 per cent on a year-on-year basis in November, the National Bureau of Statistics (NBS), has said. It made the declaration in its Consumer Price Index (CPI) and Inflation Report for November 2022 released in Abuja on Thursday. According to the report, the increase is...

Experts task CBN on flexible exchange rate

NewsDeskNgNov 22, 2022November 22, 20220

Financial experts have urged the Central Bank of Nigeria (CBN) to adopt a flexible foreign exchange rate regime and address the food insecurity triggering inflationary rate in the country. They said this in separate interviews with the News Agency of Nigeria (NAN) on Tuesday in Lagos. Dr Muda Yusuf, the...