The general increase in the prices of food items has pushed Nigeria’s annual inflation to 28.20 per cent in November 2023 from 21.47 per cent in November 2022...
Tag - inflation
Millions of Nigerians will now struggle to afford three square meals and other necessities as the country’s headline inflation jumped to 26.72 per cent in...
The poorly thought-out plan on fuel subsidy removal is biting the economy harder than the foresight of the current administration – leaving the Federal...
Governorship candidate of the Alliance for Democracy (AD) in the 2019 election in Lagos State, Owolabi Salis has urged the Federal Government to raise the...
Bismarck Rewane, the Managing Director of Financial Derivatives Company, attributed the increasing cost of food items in Nigeria to the deteriorating condition...
Amid the removal of subsidy on petrol, Nigeria’s inflation rate rose to 22.41 percent in May 2023, up from 22.22 percent in April 2023. This is according to...
The Central Bank of Nigeria’s cashless policy is beginning to take effect as Nigeria loses over 54% of its currency. Nigeria currently has about 1.39 trillion...
The International Monetary Fund has said the index weights and basket deployed by the National Bureau of Statistics for the monthly consumer price index are...