nigeria's inflation rate

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    Business Food Prices Surge As Nigeria's Inflation Rate Drops To 17.24 in April

    Nigeria's inflation rate fell again for the third consecutive month in April 2017 as food prices continue to surge. Inflation in Africa’s most-populous nation slowed to 17.24 percent from 17.26 percent in March, the National Bureau of Statistics said on Tuesday. Consumer price index dropped...
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    Business CBN Raises Interest Rate From 12% to 14%

    The Central Bank of Nigeria, monetary policy committee has raised interest from 12% to 14%, the Apex bank governor , Gofwin Emefiele told reporters in Abuja. The committee also voted to retain cash reserve ratio at 22.5% and left the asymmetric corridor around MPC retained at +200 basis...
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