Nigeria’s Inflation
Nigeria’s high inflation rate will be tamed soon – Onanuga
The Presidential Adviser on Information and Strategy, Mr. Bayo Onanuga, has predicted that Nigerian inflation will soon stabilize after it surged to 33.2%,...
Stagflation, not inflation, is Nigeria’s problem, says financial expert
Dr. Mukaila Akinde, the Rector of the Federal Polytechnic, Ilaro, Ogun State, says high unemployment and excessive inflation, called stagflation in economic parlance,...
Nigeria’s inflation hits 29.90%, food inflation ‘quickens’ again to 35.4%
Nigeria’s annual inflation rate climbed further to a near 28-year high of 29.9% in January 2024, up from 28.9% in December and above...
Just in: Surge in cost of food shoots up Nigeria’s inflation rate to 28.9% – NBS
Nigeria’s headline inflation increased by 0.72 per cent to 28.92 per cent in December 2023, up from 28.20 per cent in November 2023,...
Breaking: Again, Nigeria’s inflation rate rises to 28.20%
Nigeria’s headline inflation rate for November soared up to 28.20 percent relative to October headline inflation rate of 27.33 percent. Persecond News reports...
Breaking: Nigeria inflation rate hits 26.7 percent, as food prices reach all-time high
Nigeria’s inflation rate has shot up to 26.7 percent in September 2023, up from 25.8 percent in August. The nation’s annual inflation continues...
Again, Nigeria’s inflation soars to 25.80 percent in August, NBS reveals
Nigeria’s headline inflation rate for August 2023, rose to 25.80 percent, marking a 1.72 points higher than the 24.08 percent recorded in the...
Nigeria’s inflation rate surges to 22.22 per cent in April, highest in 17 years — NBS
The National Bureau of Statistics (NBS) latest inflation report shows an upsurge of the annual inflation rate of 22.22 per cent as at...
Nigeria’s inflation rate rises to 21.91 percent
Nigeria’s inflation rate has increased from January’s 21.82 percent to 21.91 percent in February 2023, a recent Consumer Price Index report by the National Bureau...
Nigeria’s inflation shoots up to 21.82 per cent
The National Bureau of Statistics (NBS) disclosed today that Nigeria inflation has soared up to 21.82 per cent as at January 2023 compared...
ASUU, Inflation, Monkey Pox and Other Problems
By Reuben Abati “Ko ko Ko. Pon Pon, Pon. . Helloo oh” “Who be dat?” “Na me oh?” “Who be na me?...
Nigeria’s inflation rate jumps to 19.64%
This is definitely not the best of times for Nigeria as its inflation rate has surged from the previous month’s 18.60 per cent...
Inflation: CBN raises monetary policy rate to 13 per cent
To curb the rising inflation rate in the country, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate to...
Food Inflation: Is Nigeria heading for hunger, food crisis?
Recently, walking around the local markets or grocery stores in the Federal Capital Territory (Abuja) and other parts of the country,...
Nigeria’s currency, the Naira, is overvalued, says IMF
The International Monetary Fund (IMF) says Nigeria’s currency, the Naira is overvalued at the official market by about 18.5 per cent, advising...
