Oyo, Kaduna, Kebbi Record Highest Food Increase As Inflation Rises To 24%
FOOD inflation rate in Nigeria rose to 21.79 percent on a year-on-year basis in March 2025, this is as nation’s headline inflation rose.
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Nigeria’s Inflation Drops To 24.48% In January After Rebasing
NIGERIA’s headline inflation has dropped to 24.48% year on year in January 2025. This is a sharp decline from the 34.80% headline inflation.
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Nigeria’s Inflation Rises To 34.8% In December 2024
NIGERIA’s headline inflation rate jumped up to 34.80% in December 2024 from 34.60% in November 2024, the National Bureau of Statistics said Wednesday..
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Food Prices Soar Higher As Nigeria’s Inflation Hits 34.6% In Nov 2024
NIGERIA’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024, the National Bureau of Statistics (NBS) said Monday..
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Nigeria’s Inflation Rate Rises To 33.88% In October
NIGERIA’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase..
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Federal Government Uncovers Cartel Inflating Goods Prices Nationwide
THE federal government through the Federal Competition and Consumer Protection Commission has sounded the alarm on a ‘cartel’ manipulating market prices nationwide, inflating.
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Nigeria’s Inflation Rose To 32.70% In September 2024 – NBS
NIGERIA’s headline inflation rate for September 2024 rose to 32.70 per cent, according to the latest Consumer Price Index report from the National.
Africa
Zimbabwe Knocks 40% Off Value Of Gold-Backed Currency
ZIMBABWE’s central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise.
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Nigeria’s Inflation Rate Drops To 32.15% In August – NBS
NIGERIA’s inflation rate has decelerated for two consecutive months, from 34.19% in June to 33.40% in July, and now 32.15% in August, the.
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CBN Raises Interest Rate To 26.75% Amid Soaring Inflation
THE Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from.
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Nigeria’s Inflation Rate Hits 34.19 % Amid Rising Food Cost
NIGERIA’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau.
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Nigeria’s Headline Inflation Rises To 33.95 In May
NIGERIA ‘s inflation rate increased to 33.95 per cent in May 2024, the National Bureau of Statistics disclosed in its latest data. This.
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The Scourge Of Rising Inflation – By Dr Dakuku Peterside
AN increasing number of Nigerians are being driven into poverty, not by choice, but by the current political and economic climate, shaped by.
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Govt’s Huge Purchases For Palliatives Adding To Food Inflation – Cardoso
THE Governor of the Central Bank of Nigeria, Olayemi Cardoso, has identified the huge purchases of food items by the government as palliatives.
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Nigeria’s Inflation Rate Hits 33.20% As Naira Rebounds
NIGERIA’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to.
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Why Inflation Will Go Down Soon – Dangote
AFRICA’s richest man Aliko Dangote says Nigerians should expect a drop in inflation given the reduction of diesel pump prices. He stated this.
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Nigeria’s Headline Inflation Moves To 31.70% For February
NIGERIA’s headline inflation has moved to 31.70 percent in February, according to the latest data by the National Bureau of Statistics (NBS). The.
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Governors Meet With Ribadu Over Insecurity, Inflation
THE Nigeria Governors’ Forum (NGF) has met with the National Security Adviser, Nuhu Ribadu to address the security situation in the country as.
Business
Inflation Targeting Policy: CBN Working To Reduce Pressure – Cardoso
GOVERNOR of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is implementing “inflation targeting policy” to reduce the.
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Nigeria’s Inflation Rate Rises To New Record Of 28.9%
THE country’s inflation rate is now at 28.9 %, a new record, according to figures from the National Bureau of Statistics (NBS). This.