Inflation
It listed the timeline for the closure, asking users to take needed action. “Users are encouraged to withdraw NGN, trade their NGN assets, or convert NGN into crypto prior to the discontinuation of these NGN services,” Binance said in a statement. “From 2024-03-08 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be […]
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase shows that the inflation rate in the country is yet to slow down. The National Bureau of Statistics revealed this in its ‘Consumer Price Index published on Thursday. The development […]
Nigeria’s inflation rate has been tipped to hit 30% by December 2023, global financial advisory service firm, Klynveld Peat Marwick Goerdeler (KPMG) has predicted. KPMG in its macroeconomic review for the first half of 2023 and outlook for the year’s second half noted that recent reforms in the petroleum industry and unification of the foreign […]
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