Tag: inflation
Why inflation rose slightly in June despite petrol subsidy removal, says NBS
Data collection for computing the inflation rate typically stops around the middle of a month. June’s inflation rate only reflects ...
FG to sanction trade associations over food price hike
FCCPC to unlock bottlenecks FCCPC condemned anti-competitive practices The Federal Government, through the Federal Competition and Consumer Protection Commission, will ...
Nigeria’s inflation hits 22.79% as food prices rise
Inflation has remained high in Africa’s largest economy Inflation prompting CBN to hike interest rates to their highest levels in ...
BREAKING: President Tinubu Declares State Of Emergency On Food Security
The presidency said the move is aimed at addressing food inflation There will be short, medium and long term goals ...
Subsidy removal: Poor Nigerians will hit 101 million without palliatives – World Bank
The World Bank has disclosed that Nigeria has one of the highest inflation rates, which pushed an estimated four million people ...
N15m not enough to build house in Abuja, Lagos – FG
The Federal Government has said the galloping inflation in the country is having a severe impact on the cost of ...
Inflation rises to 22.44% in May – NBS
Nigeria’s inflation rate increased to 22.41 percent in May 2023, up from 22.22 percent recorded in the preceding month of ...
BREAKING: CBN raises interest rate to 20.5 per cent amid rising inflation
The Central Bank of Nigeria’s Monetary Policy Committee MPC has further increased the interest rate by 2.5 per cent to ...
BREAKING: Nigeria’s inflation increases to 22.22 per cent as food prices soar
New data released by the National Bureau of Statistics (NBS) has shown that in April 2023, the headline inflation rate ...
BREAKING: Nigeria’s inflation hits 22.04% as food prices rise
Nigeria’s annual inflation rate rose for the third straight month to 22.04 per cent in March from 21.91 per cent ...
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