The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60% recorded...
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol nationwide, the latest data...
Nigeria’s inflation rate increased to 34.19% in June 2024, according to data released by the National Bureau of Statistics (NBS) on Monday, June 15, 2024. Looking...
By Cowry Assets Analysts This week, our analytical focus shifts towards the determinants of inflation in Nigeria, as economic agents anticipate the release of the June...
The Central Bank of Nigeria (CBN) has stepped forward to take credit for the slowing month-on-month inflation rate that sustained the third consecutive month in May....
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase confirms...
The Inflation rate in Nigeria has risen for the tenth consecutive times in October 2023. According to the report released by the National Bureau of Statistics (NBS), the...
Nigeria’s inflation rate has climbed to 26.72 per cent to hit highest point in 18 years, marking a 0.92 per cent increase from the previous month’s...
Cost of living in Nigeria as measured by the Consumer Price Index (CPI) has maintained its upward trend as the CPI otherwise known as inflation again...
By FDC Analysts The NBS released the CPI report for March on Saturday (April 15) as scheduled. Contrary to our projection, headline inflation sustained its upward...
The consumer price index (CPI), which measures the rate of change in prices of goods and services in the country, rose to 21.91% in February 2023,...
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the sustained rise in the general price level in recent times has caused some weakening...
Rising inflation in the country has left the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) with no choice than to increase the...
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 percent to 15.5 percent, the...
IMF: Higher Interest Rates Imminent as Food, Energy Worsen Global Inflation Indications are rife that by next year, central banks across the world would be forced...
The incessant rise in the prices of goods and services in Nigeria has worsened to indicate a higher cost of living amidst deteriorating consumer purchasing power....
The economic burden of spending more cash to get less currently eating into Nigerians’ hard-earned income is not easing down any time soon as experts have...
Headline inflation in Nigeria has recorded significant rise within the last 11 months. Latest figure by the National Bureau of Statistics (NBS) has shown that in...
Dr. Biodun Adedipe, an economist and the Chief Consultant of Biodun Adedipe Associates Consult, has called on the federal and state governments in Nigeria to adopt...
Nigeria’s consumer price inflation rate fell in January to 15.60 per cent from 15.63 per cent recorded in December 2021, even as food prices continued to...
