Business

Nigeria consumer inflation falls slightly to 11.25 percent in March – NBS

Isaac UmunnaComment(0)

Nigeria’s consumer inflation stood at 11.25 percent in March, compared with 11.31 percent in February, the National Bureau of Statistics said on Tuesday.

A separate food price index showed inflation at 13.45 percent in March, compared with 13.47 percent in February. Reuters

Isaac Umunna

Related Articles
Business

Trump says OPEC can step up output after Iran waivers

Isaac Umunna

U.S. President Donald Trump said on Monday that Saudi Arabia and other OPEC nations could “more than make up” for any drop in Iranian oil supplies to global markets now that his administration has decided to end waivers that allowed some nations to buy Iranian oil without facing U.S. sanctions. “Saudi Arabia and others in […]
Business

Bank CEOs support NCC over USSD charges suspension

Isaac Umunna

The body of Bank CEOs has commended the decision of the National Communications Commission to suspend the Unstructured Supplementary Service Data charges by telecommunication companies for accessing bank services. The body said about 20 million new customers had been brought into the Nigerian financial system through the USSD services. In a statement, the CEOs applauded […]
Business

IFAD secures €300 million loan from AFD to support small-scale farmers in Africa, others

Isaac Umunna

In an effort to tackle the devastating impact of climate change on rural hunger and poverty, the French development agency, Agence Française de Développement (AFD), today signed a €300 million loan to the UN’s International Fund for Agricultural Development (IFAD) to help small-scale farmers in high-risk countries build their resilience to shocks and increase their […]