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Monetary Policy Review – MPC Raises Interest Rate to 15.00%
On September 27, 2022, the Monetary Policy Committee (MPC) concluded its fifth meeting of the year and decided to raise…
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The Federal Reserve Raises Rates Alongside Several Other Central Banks
The Federal Open Market Committee (FOMC) unanimously resolved to increase the federal funds rate target to the range of 3.00%…
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In August, Nigeria’s inflation rate reached 20.52%
Nigeria’s CPI increased by 20.52% YoY in August 2022 from 19.64% in July 2022, according to the National Bureau of…
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Nigeria’s Inflation Rate Leaps to 19.64% in July of 2022, Highest in 17 Years
The National Bureau of Statistics’ recently issued Consumer Price Index (CPI) report for the month of July 2022 revealed that…
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Monetary Policy Review – MPC Hikes Benchmark Rate to 14.00%
The Monetary Policy Committee (MPC) concluded the fourth meeting for the year on the 19th of July 2022 and decided…
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Nigeria’s Inflation Rate Jumps to 17.71% in May of 2022, Highest in 11 Months
The National Bureau of Statistics (NBS) released the inflation data for the month of May 2022, which showed Nigeria’s inflation…
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