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March

Currency Outside Banks Supreme Court Naira Notes
News

Currency Outside Banks Rises 66%, N1.4 Trn in March

by John Ojewale April 28, 2023

Currency Outside Banks (CoB) increased by 66% based on Month-on-Month, N1.4 trillion in March, up from N843 billion in February 2023. This reflects the impact of the implementation of the Supreme Court order that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023.

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April 28, 2023 0 comment
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Nigeria’s Inflation Rises Consistently in 2023, Up By 22.04% in March
News

Nigeria’s Inflation Rises Consistently in 2023, Up By 22.04% in March

by John Ojewale April 16, 2023

Consumer Price Index (CPI), in March 2023, rose to 22.04% from 21.91% the previous month, CPI measures the rate of change in the prices of goods and services. The latest CPI report

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April 16, 2023 2 comments
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Fruit and vegetable stall - Global Food Prices
News

Food Prices Fall Globally for the 12th Straight Month, 2.1% in March, Sugar Rises

by John Ojewale April 8, 2023

The United Nations Food and Agriculture Organization reported on Friday that global food prices fell for the 12th straight month in March. This is said to be the first time the index has

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April 8, 2023 0 comment
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