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Economy

News on TheNewsGuru brings you happenings all around Nigeria…

Inflation rises to 12.13% in January

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measures inflation increased by 12.13 per cent year-on-year in January 2020. The NBS made this known in its report on Inflation released on Tuesday. It…

FG moves to nip monetary induced inflation

The Monetary Policy Committee (MPC) on Friday met and increased Cash Reserve Ratio (CRR) from 22.5 per cent to 27.5 per cent, which Governor of the Central Bank of Nigeria (CBN), Mr  Godwin Emefiele has said would help to address monetary…

Breaking: CBN slashes bank charges

The Central Bank of Nigeria (CBN) has issued a revised Guide to Charges by Banks, Other Financial and Non-Bank Financial institutions in the country, thereby slashes bank charges. TheNewsGuru.com (TNG) reports CBN as saying the…

Breaking: Nigerian capital importation falls

The total value of capital importation into Nigeria stood at $5,367.56 million in the third quarter of 2019, representing a decrease of -7.78% compared to Q2 2019 and 87.99% increase compared to the third quarter of 2018. TheNewsGuru…