Tag: inflation
Nigeria’s inflation rises to 22.04% in Q1
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.04 percent in March 2023, up from 21.91 percent in...
Inflation jumps to 21.09% amidst forex scarcity and fuel hike
The increase in the price of fuel, scarcity of foreign exchange, and disruption in food supply chain pushed headline inflation to a new record high of 21.09 per...
NNigeria’s inflation rate increases to 20.77% in September 2022
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 20.77 per cent on a year-on-year basis in September...
Nigeria’s inflation rate jumps to 20.52% in August
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 20.52 per cent on a year-on-year basis in August. Level of poverty...
UK inflation jumps to new 40-year high
British inflation surged to a new 40-year high in July on rising food prices, official data showed Wednesday, adding to a cost-of-living crisis as the...
Level of poverty and inflation worrisome-Sanusi
A former Central Bank Governor and one-time Emir of Kano, Sanusi Lamido Sanusi, has registered his displeasure at the nation’s current economic and security...
Inflation;Civil servants want salary increase
Following the increase in the pump price of petrol, some federal and state civil servants have appealed to both governments to increase workers’ salaries to...
Inflation,devaluation: Senate summons CBN Governor
Senate on Wednesday resolved to summon Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over skyrocketing inflation and naira devaluation which...
Nigeria’s inflation increased to 17.71% – NBS
Nigeria’s inflation increased by 89bps in May 2022 to 17.71% y/y from 16.82% y/y in April, according to report by the National Bureau of Statistics (NBS). It...
Nigeria records highest inflation Rate in four years-NBS
Nigeria’s inflation rate has continued to rise as the Consumer Price Index (CPI) which measures inflation increased to 18.17 per cent (year-on-year) in March....
