The Presidency has described Nigeria as a “very poor” country, saying the wealth of the country is overestimated. Special Adviser on Information and Strategy to...
Joe Ajaero, the President of the NLC has said that organised labour may demand up to N1 million as the new minimum wage for if...
Nigeria’s inflation rate for December rose to 28.92% from 28.20% recorded in the previous month. The increase marks the eleventh consecutive increase in the...
Nigeria’s inflation rate for the eleventh consecutive month rose higher, reaching 28.2 percent in October 2023, according to the National Bureau of Statistics (NBS)....
Inflation rate in Nigeria has increased 24 times in the last 25 months (two years), according to an analysis of the Commodity Price Index...
The prices of basic food items in Nigeria have continued to soar as the food inflation rate has climbed another notch in the month...
Nigeria’s inflation surged to 25.80% in the month of August 2023, 1.72% points higher than the 24.08% recorded in the previous month. This is according to...
Nigeria’s inflation surged to 24.08% in the month of July 2023, a 129 basis-point increase compared to 22.79% recorded in the previous month. This represents the...
The Central Bank of Nigeria has highlighted some of the factors pushing up inflation rate across the globe, citing the ongoing war between Russia...
Nigeria’s inflation rate, which stood at 22.41 per cent in May, rose for the sixth consecutive month to around 24 per cent in June,...
