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Inflation Rate Rose 67 Times Under Emefiele

Inflation Rate Rose 67 Times Under Emefiele   Nigeria’s inflation rate rose not less than 67 times since June 2014. Analysis of the Inflation Rate data provided by the Central Bank of Nigeria also showed that the consumer price index was 8.2 per cent in June...

Inflation Rate Rises By 15.63%, After Eight Months Of Decline

Inflation Rate Rises By 15.63%, After Eight Months Of Decline   The National Bureau of Statistics (NBS) has said for the first time in the last eight months, inflation rate rose to 15.63% in December 2021 from 15.40% in November. It increased by 1.82%, according to its...

Inflation: Prices Continue To Soar Despite Drop In Nov

Inflation: Prices Continue To Soar Despite Drop In Nov   The inflation rate in Nigeria fell in November to 15.40 per cent (year-on-year), the lowest since December last year, according to the National Bureau of Statistics. The NBS, in its Consumer Price Index report on Wednesday, said...

Despite Rising Prices, Inflation Rate Declines Again

Despite Rising Prices, Inflation Rate Declines Again     The National Bureau of Statistics on Monday disclosed that the nations’ inflation rate fell to 15.99 per cent in October, from 16.36 in September, according to its Consumer Price Index report. This October figure showed a steady decline in...

Despite Drop In Inflation, Foodstuff Prices Rise In Kwara

Despite Drop In Inflation, Foodstuff Prices Rise In Kwara     Despite the consistent drop in the inflation rate in the country, the prices of foodstuff have continued to rise in Kwara State. The National Bureau of Statistics (NBS) on Tuesday through its latest Consumer Price Index (CPI)...

Mixed Reactions As Inflation Falls To 17.38%

Mixed Reactions As Inflation Falls To 17.38%       The headline inflation slowed for the fourth consecutive month in July from a year-on-year (YoY) growth of 17.75 per cent reported in June to 17.38 per cent. This was contained in the consumer price index (CPI) released by the...