Import Bills, Supply Chain Disruptions To Further Spike Inflation   Nigerians may have to brace for tougher times earlier declared by the nation’s economic managers, once the lockdown is relaxed, as the realities of global supply chain disruptions, pressure on Naira as a result of demand...

Nigeria’s Inflation Rises To 12.26% In March – NBS   Inflation rate in Nigeria rose to 12.26 percent in March from the 12.20 percent recorded in February, 2020. The consumer price index (CPI), which measures inflation, released on Tuesday by the National Bureau of Statistics (NBS) showed...

Forex Pressure, Infrastructure Deficit May Worsen Inflation — Emefiele     The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said that the infrastructural deficits and emerging pressures from the foreign exchange market may aggravate inflation. He said with the decline in crude oil receipts as well...

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...