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Business

JUST-IN: Concerns As Inflation Rose To 28.92% In December

Nigeria’s annual inflation rate rose to 28.92 per cent in December 2023 based on the figures contained in the latest Consumer Price Index (CPI)...

Business

FG Blames Naira Redesign Policy, Flooding, Erosion For Rising Food Prices In Nigeria

The Minister of Agriculture and Food Security, Abubakar Kyari, has revealed factors that contributed to the consecutive surge of food inflation in 2023.Recall that...

Business

FG To Produce 31 Million MT Of Grains In 2024

The Minister of State for Agriculture and Food Security, Dr Aliyu Abdullahi, has said the production of 31 Million MT of grains in 2024...

Business

JUST-IN: Food Inflation Hits 31.5% As Rent, Electricity Bills Soar

Nigeria’s inflation rate has risen to a record 27.33 per cent in October, principally driven by the high cost of food and non-alcoholic beverages,...

Business

Price Of Local Rice, Garri, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Business

Price Of Local Rice, Gari, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Business

Nigeria’s Inflation Rate Records Ninth Consecutive Increase To 26.72% -NBS

Nigeria’s inflation rate rose to 26.72 per cent based on the latest Consumer Price Index (CPI) report released on Monday by the National Bureau...

Business

BUSINESS ROUNDUP: Food inflation soars; Naira weakens 40% against dollar; Other stories

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market...

Business

Food Prices Most Expensive In Kogi, Lagos As NBS Puts August Inflation At 25.80%

The National Bureau of Statistics in its Consumer Price Index (CPI) has said that the country’s headline inflation rose to 25.80 per cent in...

Business

JUST IN: Inflation Rises Marginally To 22.79 % In June, Says NBS

Nigeria’s inflation rate rose to 22.79 per cent in June as contained in the National Bureau of Statistics (NBS) consumer Price Index (CPI) report.The...

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