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Business

Nigeria’s headline inflation hit 22.22% in April – NBS

Nigeria’s headline inflation rate rose to 22.22 percent in April, the National Bureau of Statistics (NBS) said on Monday.The country’s inflate was pegged at...
Business

Nigeria’s inflation rate hits 22.04% in March 2023 — NBS

This is according to the NBS Consumer Price Index (CPI) and Inflation Report for March 2023 released in Abuja on Monday.According to the report,...
Business

Naira scarcity pushes Nigeria’s inflation rate to 22.04%

For the third consecutive month in 2023, the consumer price index (CPI), which measures the rate of change in prices of goods and services...
Business

Nigeria’s inflation rate hits 21.91% amid cash crunch

Nigeria’s inflation rate climbed to a new 17-year high of 21.91% in February 2023 on the backdrop of the new naira note design and...
Business

Global Inflation Tracker Q1 2023: Inflationary pressures abate as emerging markets remain under pressure

Global inflationary pressures are forecast to continue to ease in Q1 2023. Under the baseline scenario, global inflation is forecast to reach 6.5 per...
Business

Inflation soars to record high of 21.82%

The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation returned to upward movement as it was high at 21.82 percent in January...
Business

Despite high inflation, Nigeria’s economy project to grow by 3%

The United Nations has said Nigeria’s economy will grow by three per cent in the year, stating that despite high inflation and poor power...
Politics

Unlocking the potential of Nigeria’s logistics market towards 2023 general election

As Nigeria draws closer to the 2023 general elections, conversation around the economy is expected to dominate and feature prominently on the political agenda. ...
Business

Analysts project slowdown in Nigeria’s Inflation rate for December

In a market brief released, investment banking firm, Afrinvest Limited, said a high base-year effect will spur the first disinflation in 11 months.The statistics...
Business

Nigeria’s inflation slows to 21.34%, first time in 11 months

By Joy ObakeyeNigeria’s headline inflation rate slowed to 21.34 per cent in December 2022 from 21.47 per cent in November, the National Bureau of...
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