Nigeria's Inflation Rate Hits 14.89%         The Consumer Price Index (CPI), which measures inflation, increased by 14.89 per cent (year-on-year) in November compared to 14.23 per cent in the preceding month, according to the National Bureau of Statistics (NBS). The NBS attributed the 0.66 percentage increase in...

Nigeria’s Inflation Rate Hits 13.7%, Highest In 30 Months         Nigeria’s inflation rose to 13.7 per cent in September, hitting its highest level since its 13.34 per cent rate of March 2018. The National Bureau of Statistics disclosed this in its Consumer Price Index report for September...

Rise In Prices Of Cereal, Bread, Yam, Others Escalate Nigeria’s Inflation       Nigeria’s inflation has recorded seventh-month consecutive rise to 13.22 percent in August. Headline inflation rate stood at 12.2 percent in February from where it rose steadily every month to 13.22 percent in August. When compared...

NBS, Experts Tango Over Falling Consumer Prices In June   Economists yesterday faulted the report by the National Bureau of Statistics (NBS) that that consumer prices fell last month. The experts, who spoke in Abuja, contended that Nigeria at the moment had not got an economy or...

The currency curbs introduced by the Muhammadu Buhari administration, coupled with fuel scarcity, have contributed to the increase in the Consumer Price Index (CPI), which measures inflation, to 12.8 per cent in March, compared to 11.4 per cent in February and 9.6 per cent...