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...
The consumer price index (CPI) which measures inflation increased by 15.63 percent year-on-year in December 2021, the National Bureau of Statistics (NBS) has revealed. According the...
