Inflation: The quiet plague
Nigerians know too well, that sinking feeling when the standard household shopping list cannot be covered by the regular budget. The options are either to cut down or do without some basic items, or alternatively, make do with less preferred but cheaper substitutes.
Nigerian inflation rises to near 11-year high
Inflation in Nigeria surged to 16.5 percent last month -- its highest level in more than decade -- as prices of imported food and energy jumped after the government stopped propping up the currency, the National Bureau of Statistics said Monday.
‘Why inflation, currency volatility may persist
Unless there is a fusion of monetary and fiscal policies, the push to tame the twin challenge of inflation and exchange rate volatility may remain efforts in futility, experts have said.
Euro zone inflation may rise in 2018
Still, even with unprecedented stimulus, the bank only expects inflation to rise to 1.6 percent in 2018, a figure Constancio said may be too pessimistic given some measures that have yet to be implemented.
For a realistic naira exchange rate
Neither the CBN rate nor the interbank rate is a realistic naira exchange rate that will bring about macroeconomic stability to catalyse productivity and inclusive economic growth.
Experts warn of looming job losses over galloping inflation
Job losses loom as a consequence of the current galloping inflation in the country, financial experts yesterday warned the Federal Government.