Inflation Rate Rises To 12.2%, Highest In 21 Months   The National Bureau of Statistics on Tuesday said that the consumer price index, which measures inflation, rose by 12.20 per cent year-on-year in February. The inflation rate of 12.2 per cent, according to the bureau, is 0.07...

Capital Flow, Inflation Top Agenda At MPC   Members of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) will today converge on Abuja for a two-day meeting. They are expected to take measures for more foreign capital inflow and curtail capital flow reversals and rising...

Inflation Rises To 11.85% In November - NBS   The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in ITS Consumer Price Index (CPI) and Inflation report for November released on Tuesday. The...

LCCI Warns Against Possible Rise In Inflation   The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming months from the current 11.25 per cent as the nation continues to shut its borders to its West...

Emefiele Rules Out Interest Rate Cut This Year Over Inflation   With three more months to wrap up the year, leaving one more rate meetings and inflation rate at 11.02 per cent, there appears a near impossibility for the nation’s rate-setters to slash the current Monetary...

Inflation Dropped To 11.02% In August, NBS Says   The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation, dropped from 11.08 per cent in July to 11.02 per cent in August. The bureau in the report stated that inflation rate of...