Nigeria’s Inflation

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...

Nigeria’s inflation rate hit all-time high of 15.75 per cent 

… it’s a hydra-headed monster that has eroded disposable and discretionary income of consumers Nigeria’s inflation rate has spiralled to its highest level in...

Nigeria’s May inflation rose to 11.4%

The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation increased to 11.40 per cent (year-on-year) in May...

2019 Elections: CBN governor sees Nigeria inflation reaching 11.4% by mid-2019

Nigeria’s inflation is expected to rise to 11.4% by middle of 2019, a few months after holding general elections in February, according to...