Bayelsa, Ondo, Lagos Record Highest Rate Of Inflation - NBS   Bayelsa, Ondo and Lagos states recorded the highest rate of inflation in March 2023. This was according to the latest National Bureau of Statistics data on inflation across the country, which was released on Saturday. According to...

JUST IN: Nigeria's Inflation Rate Rises to 22.04 Percent   The consumer price index (CPI), which measures inflation - the rate of change in prices of goods and services - rose to 22.04 percent in March 2023. The inflation rate rose from 21.91 percent in the previous...

IMF To CBN: Maintain Tight Monetary Policy To Curb Inflation   The International Monetary Fund (IMF), yesterday, advised the Central Bank of Nigeria (CBN) to maintain its monetary policy-tightening mood in order to cage inflation, which jumped to 21.91 per cent as of February. The Washington-based institution,...

Inflation: Food Prices Still Very High - NBS   The nation’s food inflation is still on the rise with food items prices skyrocketing. The National Bureau of Statistics (NBS) said prices of food items such as yam, rice and beef witnessed increases in January and continued rising...

Inflation Soars To 21.82% Amid Naira Redesign   Nigeria’s inflation soared to 21.82 per cent in January 2023, according to the National Bureau of Statistics. This is amid a redesign of the naira by the Central Bank of Nigeria. January’s inflation rate is a 0.48 per cent...

Inflation: Petrol Price Hits N300 Per Litre The scarcity of Premium Motor Spirit, popularly called petrol, grew worse across the country on Thursday, as massive queues were witnessed in Abuja, Lagos, Port Harcourt, Calabar, Warri, Nasarawa, Minna, among other places. Oil marketers stated that the scarcity...