![NBS, Nigeria’s inflation rate, [JUST IN] Again, Nigeria’s Inflation Rate Rises To 17.33%](https://ekohotblog2.com/wp-content/uploads/2020/01/Inflation.jpg)
The NBS had pegged the inflation rate at 16.47% in January. The Consumer Price Index (CPI) which measures the rate of increase in the price of goods and services, increased to 17.33 per cent in February. This is the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of … Read more
Getting insight from books would give you a handle on the power to effectively utilize information. Likewise, reading a book recommended by the wealthiest people living could make you think like them Because you now share the same level of thinking, thought process, and access to information. If you are looking for a great … Read more
Against all odds, Bitcoin continues to trade high while the Nigerian Stock Exchange (NSE) struggles to keep investors. The capital market in Nigeria has mostly been held down by the bears this month, and the bearish state has driven investors to debt securities. On Thursday, March 11, 2021, investors lost N122.47 billion at the Nigerian … Read more
Oil prices, which have been rising strongly on rebounding demand, broke Monday past $70 per barrel for the first time since January 2020 after an attack on energy facilities in Saudi Arabia. Meanwhile, stock market numbers were mixed as investors weighed worries over high inflation against the reopening of virus-hit economies. After Asian indices closed … Read more
The majority of our phones are linked with our bank account and it is very important to keep them safe. These phones can help us buy recharge cards, pay for internet bills, and mobile banking. As gathered by EKO HOT BLOG , Listed below are bank codes to dial immediately your phone is stolen by thieves. … Read more
In its bid to sustain the increase in inflows of diaspora remittances into the country, the Central Bank of Nigeria (CBN) has introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers. The policy is aimed at boosting dollar supply in the country, at a time … Read more
The Central Bank of Nigeria had prohibited dealing and facilitating payments in cryptocurrencies. Vice President Yemi Osinbajo on Friday opined that cryptocurrencies should be regulated in Nigeria in lieu of an outright ban. He made the remarks during a keynote at the CBN/Bankers Committee’s Initiative for Economic Growth. The CBN had recently reaffirmed its oppositional … Read more
![[JUST IN] Again, Nigeria’s Inflation Rate Rises To 17.33%](https://ekohotblog2.com/wp-content/uploads/2021/01/images-2-2.jpeg)
After two consecutive quarters of negative growth, Nigeria’s economy grew by 0.11 percent in the last quarter of 2020. The negative growth of the two penultimate quarters in 2020 plunge the country into a recession. But the country’s gross domestic product (GDP) went up by 0.11% in real terms on year on year basis in … Read more
The Senate has summoneded the Governor of the Central Bank of Nigeria, Godwin Emefiele, to brief its recent ban on cryptocurrency in the country. The Senate also invited the Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to meet with its joint committee on the issue. The Senate has mandated its Committees on … Read more
Former Vice President Atiku Abubakar has advised the Federal Government to rethink its directive on cryptocurrency transactions. Atiku stated that it was wrong to issue such a directive at this time, saying the number one challenge facing Nigeria was youth unemployment. YOU MAY ALSO LIKE: Sanwo-Olu Swears In 18 New Permanent Secretaries 3rd Mainland Bridge … Read more
The Rice Processors Association of Nigeria (RPAN) is pushing for outright criminalisation of sale of foreign rice in the country, the association leadership has disclosed. To realise their objectives, the local processors have prevail on President Muhammadu Buhari to promulgate laws and policies that will make importation and the sale of foreign rice in the … Read more