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Nigeria’s Inflation Falls To 33.40% In July 2024

Nigeria’s Inflation Falls To 33.40% In July 2024

Nigeria’s inflation rate has decreased to 33.40% in July 2024, down from 34.19% in June, marking the first decline since December 2022. The National Bureau of Statistics’ latest Consumer Price Index shows a 0.79 percentage…

JUST-IN: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

JUST-IN: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation

The Monetary Policy Committee (MPC) of the  Central Bank of Nigeria (CBN), on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per cent in May 2024. The Governor of…