The International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024.

Pressure on Households as Food Inflation Rises to 40% Nigeria’s food inflation has continued on a steady rise, reaching 40.01 percent in March 2024 on a year-on-year basis, this is 15.56 percent higher compared to the rate recorded in March 2023 (24.45 percent) and 37.90...

Inflation Hits 33.20% in March - NBS The National Bureau of Statistics (NBS) Monday, April 15, said the inflation rate increased from 31.70% in February 2024 to 33.20% in March 2024. According to the Bureau in its Consumer Price Index (CPI) and Inflation Report March 2024,...

CBN/MPC: Tackling Inflation with Bold Decisions, by Abdulrahman Abdulraheem   For a country struggling with youth unemployment, poverty and other social issues and whose Gross National Income (GNI) per capita is just a little above $2000, any increase in the prices of goods, general hike in...

Food prices increased by over 10% across Nigeria in February – NBS Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch. According to the NBS Food Price Watch, on the average Food such as Garri, Rice,...

Food prices increased by over 10% across Nigeria in February – NBS Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch. According to the NBS Food Price Watch, on the average Food such as Garri, Rice,...