Stock Investors Gain N1trn Amid Rising Inflation
Despite growing anxiety about soaring inflation and volatile exchange rates, investors trading on the Nigeria’s stock market gained N1.01 trillion at the end of their transactions in the month of November.
Buoyed by a surge in investor confidence for...
'Inflation Jumps 24 Times in 25 Months'
Nigeria has experienced 24 times an increase in inflation in the past two years (25 months).
This is according to a review of the Commodity Price Index reports published by the National Bureau of Statistics (NBS).
The analysis showed that...
Nigeria’s Inflation Hits 27.33% as Food Prices Soar
Nigeria’s annual inflation rate rose to 27.33 per cent in October from 26.72 per cent in the previous month, the National Bureau of Statistics (NBS) said Wednesday.
The statistics office said the October 2023 headline inflation rate showed...
'Inflation to Hit 30% by December'
KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of the foreign exchange market.
The insights were shared in KPMG’s...
Inflation May Hit 30% by December - Stears
Stears has announced that Nigeria’s inflation rate may rise to 30 per cent by December 2023.
The data-driven insights provider announced this while unveiling its Pan-African inflation forecasts. It projected that Nigeria’s annual inflation rate is set to...
'Nigeria’s Inflation Rate to Hit 30% by December 2023'
Stears, a leading economic analysis and data-driven insights provider, on Tuesday announced its market-leading Pan-African inflation forecasts, projecting Nigeria’s annual inflation rate to climb steadily until year-end, closing the year at around 30 per cent, a...
