Food Price Hike, Others Push Inflation To 14.23% — NBS         The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria to 14.23 per cent in October 2020. Figures released by the National Bureau of Statistics on...

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...

Inflation Rate Drops to 11.14% in July For the 18th consecutive month, inflation rate has continued a downward trend, declining from 11.23 per cent in June to 11.14 per cent (year-on-year) in July 2018. The latest report made public by the National Bureau of Statistics (NBS)...

 Inflation Rate Drops to 12.48% The Consumer Price Index (CPI) which measures inflation increased by 12.48 percent (year-on-year) in April 2018 which translates to 0.86 percent points less than the rate recorded in March 2018 (13.34) percent and represents the fifteenth consecutive disinflation since January...

Nigeria’s Inflation Now 13.34% in March – NBS Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report just released and made...

 January Inflation Rate stands at 15.13% The Consumer Price Index (CPI) which measures inflation started the year 2018 increasing by 15.13 percent (year-on-year) in January 2018. This was 0.24 percent points lower than the rate recorded in December (15.37 percent) making it the twelfth consecutive...