Tag
GLOBAL INFLATION
In a decisive move to address the impact of global inflation and enhance the efficiency of foreign exchange utilisation in Nigeria, the Central Bank of Nigeria (CBN) has significantly revised the allowable deviation limits for the Price Verification System (PVS) used in monitoring the pricing of exports and imports.
International Monetary Fund (IMF) has warned that soaring shipping costs could worsen global inflation.
The Central Bank of Nigeria may need to tighten monetary conditions, in form of higher rates, in line...
Gold futures is up 1.45%, currently trading at $1,809 after hitting its highest since June 18 at $1,794.86 on Friday.