Macros
Macroeconomic data from Nigerian.
MPC votes to retain benchmark interest rate at 11.5%, hold other parameters constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has voted unanimously to retain the Monetary Policy...
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Staple food items are driving inflationary pressure in Nigeria
The National Bureau of Statistics (NBS) painted a comforting picture of the level of inflation in Nigeria with its latest...
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Cost of filling 12.5kg gas cylinder hits N6,200, up by 55% in 7 months
The cost of filling a 12.5kg cylinder of cooking gas has increased from N4,000 in December 2020 to N6,200 as...
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50% of Nigerians are willing to move abroad – World Bank
About 50% of Nigerians are willing to leave Nigeria for a better economic future abroad, an increase of nearly 20%...
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How Nigerians are coping with the high inflation rate
Nigerians have demonstrated tenacity in the face of stifling inflation, signifying once again, the citizenry's resourcefulness.
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Nigerian states with the highest debt per population
An average individual in Nigeria based on equal allocation owes an aggregate of N162,000 of Nigeria's total debt.
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Cost of petrol per litre in Nigeria surges by 28.49% year-on-year in June 2021
The latest report showed that Nigerians spent less on buying petrol in June 2021 compared to the previous month.
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Nigeria’s inflation rate drops further to 17.75% in June 2021
Nigeria's inflation rate dropped for the third consecutive month in June 2021
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Nigeria records $1.75 billion current account deficit in Q1 2021
Nigeria's net current account could enter into positive territories soon.
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Nigeria in a limbo: Borrowing to service Debt
Nigerians are hardly feeling the impact of these borrowed funds much less seeing the rationale for acquiring more.
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