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Inflation Jumps 24 Times in 25 Months

Inflation rate in Nigeria has increased 24 times in the last 25 months. This is according to an analysis of the Commodity Price Index, CPI...

Lagos, Kogi, Rivers Lead as Inflation Hits 27.33%

Nigeria is facing its worst cost of living crisis in about two decades following the surge of inflation to 27.33 per cent in October. This...

PDP Accuses Presidency of Pushing Nigerians Into Extreme Poverty Over Inflation

The Peoples Democratic Party, PDP has reacted to the report from the National Bureau of Statistics, NBS placing inflation at 26.72 per cent in September...

Inflation Soars to 24.08 Percent in July

The National Bureau of Statistics, NBS, today announced that inflation rose from 22.79% in June 2023 to 24.08% in July 2023. This was contained in...

INFLATION RISES TO 21.82 DESPITE NAIRA REDESIGN POLICY

Nigeria’s headline inflation rose to 21.82 per cent in January 2023, after dropping to 21.34 per December 2022. The drop and rise inflation in the...

EMEFIELE EXPRESSES OPTIMISM ON INFLATION NEXT YEAR.

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, expressed optimism that the country’s inflation rate would decelerate steadily from next year,...

RISING INFLATION DRIVES CONSUMPTION EXPENDITURE TO N57TN

Rising inflation has driven Nigerians’ consumption expenditure to N57.08tn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn...

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