Nigeria’s Inflation Hits 25.80% As Food Prices Rise – NBS According to the Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS), Nigeria’s inflation has jumped to 25.80% for August 2023. The latest figure is 1.72% points higher than the 24.08% reported in...

Foodstuff Prices Fall, Despite Rise In Inflation Despite the recent rise in inflation rate, data show that foodstuff prices have been on the decline. The National Bureau of Statistics (NBS) reported that inflation rate rose to 11.23 per cent in August, up from 11.14 per cent...