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Business

Kogi, Ekiti, Kwara Most Expensive State As Food Inflation Rises To 40.66%

Kogi, Ekiti and Kwara states have retained the position of states with the most expensive food items as food inflation rose to 40.66 per...
Business

BREAKING: High Cost Of Food, Beverages Drive Nigeria’s Inflation To 33.69%…Fourth Consecutive Increase In 2024

The National Bureau of Statistics (NBS) on Wednesday said the April 2024 headline inflation rose to an all-time high of 33.69 per cent.This shows...
Business

Food Most Expensive In Kogi, Kwara, Ondo As NBS Releases Inflation Report

Kogi and Kwara are leading as the top states where food is most expensive in Nigeria, according to the Consumer Price Index (CPI) report...
Business

Cardoso blames food inflation on Nigerian govt’s palliatives purchase

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has blamed the rising food inflation on the purchase of foodstuffs as palliatives...
Business

Nigeria’s Inflation Rises To 33.20% In March, Says NBS

The National Bureau of Statistics (NBS) on Monday said the March 2024 headline inflation rose to an all-time high of 33.20 per cent.This shows...
Business

Food Inflation Hits All-Time High Of 37.92% As Price Of Non-Alcoholic Beverages Soars

Food inflation in Nigeria has spiked to an all-time high of 37.92 per cent in February, supporting the rationale behind the latest interest rate...
News

NLC plans two-day protest over insecurity, food inflation

The Nigerian Labour Congress (NLC) has resolved to hold a two-day nationwide protest over insecurity and economic hardship in the country.The NLC President, Joe...
Business

Hardship May Worsen As Food Inflation Hits All Time High Of 35.41%

Nigeria’s inflation rate has risen to a record 29.90 per cent in January, principally driven by the high cost of food and non-alcoholic beverages,...
News

JUST IN: Police Clamp Down On Nigerians Protesting High Cost Of Living In Niger State

Residents of Minna, the capital of Niger State, have taken to the streets and blocked major roads in a demonstration of their frustration against...
Business

Amidst Rising Insecurity, CBN Vows To Reduce Inflation To 21.4% With Food Production

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has projected that Nigeria’s headline inflation will moderate to 21.4 per cent in...
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