CBN Moves MPC Meeting to Feb 19-20 Over CPI Data Delay
The Central Bank of Nigeria has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February 19 and 20, 2025. The apex bank in a statement yesterday, noted that its decision emerged due to delays by the National […]
Nigeria’s inflation rate drops to 32.15% in August
Nigeria’s inflation rate dropped from 33.40% in July to 32.15% in August. This is the second month of consecutive inflation decline this year. In its Consumer Price Index report released yesterday, the National Bureau of Statistics said the headline inflation rate eased to 32.15% in August 2024, while food inflation stood at 37.52% in the […]
