36 h. ago Analysts See Inflation Easing To 21.34% As Harvest Season Begins

Ahead of the release of the Consumer Price Index (CPI) by the National Bureau of Statistics (NBS) on Friday, analysts at Financial Derivatives Company (FDC) have projected a further tapering in July inflation figures, a development they attributed to the commencement of the harvest season. According to the analysts, inflation, which measures the rate at […]

Politics

2 d. ago I Can’t Work With Tinubu As President, Would’ve Resigned If Appointed — Ex

He also faulted some economic policies of Tinubu, decrying the inflation rate in the country. The post I Can’t Work With Tinubu As President, Would’ve Resigned If Appointed — Ex-SGF Lawal appeared first on Channels Television.

Politics

3 d. ago CFG advisory urges CBN to cut rates to drive growth amid high debt and stubborn inflation

The CFG Advisory advised that the Central Bank of Nigeria (CBN) targets a reduction in the interest rate and commences its inflation. read more CFG advisory urges CBN to cut rates to drive growth amid high debt and stubborn inflation

Economics

7 d. ago Bank of England issues inflation warning, cuts interest rate to 4%

Tribune Online Bank of England issues inflation warning, cuts interest rate to 4% the rate-setting committee had to vote twice to break a tie. The cut brings rates to their lowest level in more than two-and-a-half years. Bank of England issues inflation warning, cuts interest rate to 4% Tribune Online

Events

8 d. ago Ghana’s inflation rate fell more than expected in July, boosting the case for further interest

Ghana’s annual inflation dropped for the seventh consecutive month to 12.1 percent in July, Government Statistician Alhassan Iddrisu told reporters read more Ghana’s inflation rate fell more than expected in July, boosting the case for further interest-rate cuts

Politics

8 d. ago High interest rates push Nigeria to 4th place in Africa’s borrowing cost rankings

By Chinwendu Obienyi Nigeria now ranks as the fourth most expensive country for borrowing in Africa, following a series of aggressive interest rate hikes aimed at taming inflation and stabilizing the local currency. This is according to a recent report by Nairametrics Research, which revealed that Zimbabwe, Sudan, and Ghana top the list of African […] The post High interest rates push Nigeria to 4th place in Africa’s borrowing cost rankings appeared first on The Sun Nigeria.

Politics

3 w. ago CBN faces tough choices on interest rate as inflation eases amid calls to sustain price, FX stability

Tribune Online CBN faces tough choices on interest rate as inflation eases amid calls to sustain price, FX stability The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will on July 21–22 hold its 301st meeting in Abuja, with stakeholders keenly watching whether the Committee will maintain its tight monetary policy stance or begin to ease rates amid signs of disinflation and relative exchange rate stability. At its last meeting in May, the […] CBN faces tough choices on interest rate as inflation eases amid calls to sustain price, FX stability Tribune Online

Economics

3 w. ago CBN may cut interest rate as inflation slows, GDP gains focus — Analysts

Tribune Online CBN may cut interest rate as inflation slows, GDP gains focus — Analysts As Nigeria’s Central Bank prepares for its third Monetary Policy Committee (MPC) meeting of 2025, expectations are building around a potential 25 basis point interest rate cut. Economic analysts and stakeholders are closely watching inflation trends and GDP growth figures, which are likely to influence the Central Bank of Nigeria’s (CBN) next major monetary decision. […] CBN may cut interest rate as inflation slows, GDP gains focus — Analysts Tribune Online

Politics

3 w. ago NECA Raises Concern As Forex Volatility, High Interest Rates Threaten MSMEs

The Nigeria Employers’ Consultative Association (NECA) has expressed  concerns about Nigeria’s worsening business climate, stating that inflationary pressure, exchange rate volatility, and high interest rates continue to threaten business survival—especially for micro, small, and medium enterprises (MSMEs) despite modest economic growth in 2024. Speaking at NECA’s 68th Annual General Meeting (AGM) in Lagos, the Association’s […]

Politics