Consumer Goods Prices Increase Despite Stable Economic Indicators   Prices of several fast-moving consumer goods in Nigeria’s retail market recorded fresh increases, with some dairy and cereal products posting increases of up to 66.7 per cent despite a relatively stable macroeconomic environment. The latest market data, obtained...

Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise   Nigeria’s cooling inflation era has hit a significant geopolitical roadblock. After nearly a year of steady decline, headline inflation is projected to climb for the second consecutive month, reaching 15.95 per cent in April 2026. According...

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...