Tag: Inflation
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Dangote, Lafarge, & BUA Cement’s Power Costs Hit N598.137 Billion in 2023
For the entire year that ended on December 31, 2023, Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc blew N598.137 billion on...
Analyst Projects February Inflation to be 30.34%
In February 2024, the customer price level is predicted to settle at 30.34% year over year. Since the country traditionally relies more heavily on...
Understanding Inflation: Causes and Effects
Inflation, the sustained increase in the general price level of goods and services in an economy over a period of time, is a phenomenon...
Best Financial Decisions to Make in the Face of Inflation and Naira Devaluation
In the face of Nigeria's growing inflation rate and naira devaluation following the fuel subsidy removal, here are some steps you can take to...
Inflation Soars as Money Supply Surges 50% in a Year
The money supply increased by an astounding 50% last year, or N25.6 trillion, to reach an all-time high of N78.74 trillion.
The Central Bank of...
