JUST IN: Nigeria’s Economic Crisis Worsens As Food Inflation Hits 20.60%
Prices in Africa's top economy have worsened with food inflation growing to 20.60 per cent in June, according to…
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Oil Price Sinks To $100 As Fear Of Recession Looms In US
Crude oil price has returned to a two months low on fear of a looming US recession.
West Texas Intermediate…
DMO Reduces Interest Rates For July Savings Bond
The Nigerian Debt Management Office has issued a fresh bond on behalf of the Federal Government.
But the DMO in…
Ahead Of Election Spending, CBN Raises Interest Rate To 13%
The Central Bank has raised the Monetary Policy Rate ( MPR) to 13 per cent, in a bid to mop up liquidity ahead of…
Raise Lending Rate To Curb High Inflation, IMF Tells Central Banks
The International Monetary Fund, IMF, has advised the Central Bank of Nigeria and other central banks to increase…
CBN Will Frustrate Economic Recovery With Interest Rate Hike– Cowry Asset…
The Central Bank of Nigeria will frustrate the economic growth recorded since 2020 if interest rate is increased…