Nigeria’s central bank will stay focused on driving down inflation even as the oil price shock caused by the Iran war pushed monthly prices to the highest in more than two decades in March.
Nigeria’s central bank will stay focused on driving down inflation even as the oil price shock caused by the Iran war pushed monthly prices to the highest in more than two decades in March.
Taxi vans and street traders line a road in the Central Business District (CBD) of Lagos, Nigeria, on Monday, Aug. 14, 2023. Nigerian President Bola Tinubu has declared a state of emergency to counter the rising cost of living and in early August announced a 500 billion naira package of measures to improve food supply, ease transportation costs and boost manufacturing.