central bank interest rate

  1. Nigeria’s Inflation Jumps to 32.70% as Fuel Prices Soar

    Nigeria Nigeria’s Inflation Jumps to 32.70% as Fuel Prices Soar

    Nigeria's inflation surged to 32.70% in September 2024, influenced by a rise in fuel prices, with food inflation also increasing to 37.77%. The National Bureau of Statistics reported a 0.55% month-on-month rise, prompting the Central Bank to raise interest rates to 27.25% to combat inflation...
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