The Nigeria’s National Bureau of Statistics on Friday released the Consumer Price Index report, which measures inflation, with the rate dropping year-on-year from 16.05 per cent in July to 16.01 per cent in August. The bureau, in the report, which was made available to correspondent, said August was the seventh consecutive month that the index […]
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Nigeria’s apex bank Governor, Mr. Godwin Emefiele, has said the bank will continue to explore more avenues to ensure that interest rates are supportive of domestic production. Emefiele, who was represented by the Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, said this yesterday at the 24th Seminar for Finance Correspondents and Business Editors holding […]
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Inflation in Britain spiked up to 2.9 percent in the year to August, official figures showed Tuesday, in a development that has stoked speculation the Bank of England may raise interest rates sooner than expected regardless of how the country’s Brexit discussions shape up. The Office for National Statistics said the increase from the previous […]
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The National Bureau of Statistics (NBS) says the inflation rate dropped from 16.1 per cent in June to 16.05 per cent in the month of July. The NBS disclosed this on Monday with the released the Consumer Price Index which measures inflation rate of the country. It said the index dropped marginally adding that this […]
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