1. Home
  2. Africa
  3. Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
Africa
bitcoin.com
currency depreciation
Foreign exchange
Forex
naira
News
US Dollar
0

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls

0
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
now viewing

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls

Michael Saylor signals Strategy's new Bitcoin purchase after one-week break
now playing

Michael Saylor signals Strategy's new Bitcoin purchase after one-week break

Altcoin Collapse Likely Coming in Q3 of This Year, According to Analyst Benjamin Cowen – Here’s Why
now playing

Altcoin Collapse Likely Coming in Q3 of This Year, According to Analyst Benjamin Cowen – Here’s Why

Does the US Hold Its Famous Gold Reserves? Polymarket Bets 21% That Fort Knox Gold Is a Mirage
now playing

Does the US Hold Its Famous Gold Reserves? Polymarket Bets 21% That Fort Knox Gold Is a Mirage

Ye’s Crypto Coup: Did Kanye Sell His X Account to Meme Coin Influencers?
now playing

Ye’s Crypto Coup: Did Kanye Sell His X Account to Meme Coin Influencers?

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025
now playing

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Latam Insights: Brazil Embraces XRP ETF, Tether to Acquire Adecoagro
now playing

Latam Insights: Brazil Embraces XRP ETF, Tether to Acquire Adecoagro

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil
now playing

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil

Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot ,400,000,000 From Bybit
now playing

Crypto Veteran Samson Mow Slams Ethereum, Calls for Chain Rollback After Hackers Loot $1,400,000,000 From Bybit

Michael Saylor signals Strategy's new Bitcoin purchase after one-week break
now playing

Kanye West plans 'Swasticoin,' eyes blockchain launch, and claims 'only broke boys rug pull'

Ethereum Co-Founder Vitalik Buterin Praises Argentina: Community ‘Full of Amazing Builders’
now playing

Ethereum Co-Founder Vitalik Buterin Praises Argentina: Community ‘Full of Amazing Builders’

Source: Bitcoin.com

In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commentators identify foreign exchange shortages as the root cause of the naira’s poor performance against major currencies. […]

Go to Source
Author: Terence Zimwara

Related posts:

  1. Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
  2. Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators
  3. Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record
  4. Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
Bitcoin.com
Related Posts
Michael Saylor signals Strategy's new Bitcoin purchase after one-week break

Michael Saylor signals Strategy’s new Bitcoin purchase after one-week break

The Crypto Briefing 0
Altcoin Collapse Likely Coming in Q3 of This Year, According to Analyst Benjamin Cowen – Here’s Why

Altcoin Collapse Likely Coming in Q3 of This Year, According to Analyst Benjamin Cowen – Here’s Why

The Daily Hodl 0
Does the US Hold Its Famous Gold Reserves? Polymarket Bets 21% That Fort Knox Gold Is a Mirage

Does the US Hold Its Famous Gold Reserves? Polymarket Bets 21% That Fort Knox Gold Is a Mirage

Bitcoin.com 0
WordPress Theme by cactus.com
Close

Share this video