August

15.39 Percent Inflation: August Data Gives CBN More Room to Reassess Rates

Nigeria’s inflation picture changed more significantly in August than the headline figure of 15.39 percent suggests, with monthly price growth slowing sharply, core inflation turning negative and food inflation reversing the steep acceleration recorded in July.
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Latest News

Uber Exit: FAAN Explains Airport Crackdown as FCCPC Probes Departure

FAAN says Uber’s Nigeria exit was a broader corporate decision and not the result of its airport restrictions, which followed complaints about safety, touting and passenger accountability.
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