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,...
Some experts have advised the Central Bank of Nigeria (CBN) to review its monetary policy tools in order to tame the rising inflation. Dr Muda Yusuf,...
The Naira on Friday weakened at the parallel market as it traded for N454 to $1 due to the high demand for the Dollar by foreign...
Nigeria’s consumer price index, which measures inflation increased to 11.24% in September 2019. This was revealed in the latest inflation report released by the National Bureau of Statistics...