News Update THE Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of efforts to combating surging inflation. This followed the...
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Inflation hits Nigeria, N5, N10, N20, now ‘irrelevant’
Voice Air Media, VAM News Update Across major markets, prices of goods are moving away from the lower denomination of the Naira currencies as inflation bites harder. Not too long ago, a sachet of...
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Professor Andrew Ifemidayo Akinmoladun Highlights Historic Changes in Nigerian Monetary Policy Over Inflation, Gives Solution
Bronx Community College of the City University of New York Retired Charismatic, Diplomatic and visionary Professor, Andrew Ifemidayo Akinmoladun, has highlighted the Historic changes in Nigerian Monetary Policy that led to inflation in the...
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Nigeria’s inflation surges to 21.09% amid soaring food prices
The consumer price index (CPI) surged to 21.09 percent in October 2022, a new report by National Bureau of Statistics (NBS) has shown. The CPI is up from 20.77 percent in the previous...
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Why Central Bank Of Nigeria Policies Can’t Bring Inflation Down
Inflation seems to be the buzzword in Nigeria these days. It comes as no surprise, though, given the near-unprecedented rise in the prices of goods and services in the country in recent times. July...
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High Inflation Rate Pushed 7 Million Nigerians Into Poverty In 2020 – World Bank
The World Bank has disclosed that an estimated 7 million Nigerians may have been pushed into poverty in 2020 due to rising prices alone without considering the direct impacts of COVID-19. The...
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