Category : Search result: NBS inflation report


CBN Consolidates Financial Market Reform Gains

CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.

CBN Won't Fund Fiscal Deficits, Says Cardoso

CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.

Condom Distribution Falls 55% in Nigeria

UNAIDS reports a 55% drop in condom distribution in Nigeria, threatening HIV progress. Funding cuts and human rights issues are blamed. Urgent action is needed to prevent millions of new infections.

CBN Retains MPR at 27%, Delays Loan Rate Cuts

Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.

CBN: Economy Improving But More Work Needed

CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.

Police Debunk False Church Attack Report in Gombe

Gombe State Police Command refutes claims of ECWA Church attack in Kashere, confirms officers were stationed throughout the day. Authorities vow to investigate misinformation source.

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