Inflation: Prices Of Yam, Beef Rise By 22.8%, 24.9% — NBS   The National Bureau of Statistics (NBS) yesterday said that the prices of beef and Yam rose up by 24.9 per cent and 22.8 per cent Year-on-Year, YoY respectively in May, reflecting the continued increase...

Inflation Rate Rose 67 Times Under Emefiele   Nigeria’s inflation rate rose not less than 67 times since June 2014. Analysis of the Inflation Rate data provided by the Central Bank of Nigeria also showed that the consumer price index was 8.2 per cent in June...

Ondo, Kogi, Rivers lead as Inflation Rises to 22.41% - NBS   The National Bureau of Statistics (NBS) says the average prices of goods rose the highest year-on-year in Ondo, Kogi, and Rivers states. This is as inflation in the country rose to 22.41 per cent in...

Rising Unemployment and Inflation: The Fallout of Nigeria's Subsidy Removal, by Omojo Wada   Consider the wonderful purpose of subsidies, a kind gesture that allows individuals and businesses access to petrol, an essential treasure, despite limited resources. However, in this tale, the small and medium enterprises...

Experts Groan As Buhari Hands Over Struggling Economy   The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era....

World Bank Says Food Price Inflation Has Remained High Globally   The World Bank says inflation in food prices remains high globally. It made the declaration in its latest Food Security Update report issued on Wednesday. “Information from the latest month between December 2022 and March 2023 for...