Business Nigeria’s inflation rate rises to 32.7% Oluwadamilare Emmanuel Oct 15, 2024 The National Bureau of Statistics (NBS) says the consumer price index (CPI), which measures the rate of change in prices of goods…
News Nigeria’s inflation rate slowed to 32.15% in August — NBS Alagbe Shenayon Sep 16, 2024 Nigeria's inflation rate has slowed for the second consecutive month, dropping from 34.19% in June to 33.40% in July, and further…
Business Inflation: Nigerians to spend 54.9% income on food in next six months… Alagbe Shenayon Sep 2, 2024 The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next…
News Nigeria’s inflation rate drops to 33.30% in July — NBS Alagbe Shenayon Aug 15, 2024 A newly published report by the National Bureau of Statistics (NBS) indicates a decline in Nigeria’s headline inflation rate to…
Business UK Inflation rate rises for first time this year to 2.2% Alagbe Shenayon Aug 14, 2024 The UK's inflation rate has increased for the first time this year, according to official figures. Prices overall rose by…
News JUST IN: CBN increase interest rate to 26.75% amid soaring inflation Alagbe Shenayon Jul 23, 2024 The Central Bank of Nigeria (CBN) has once again increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from…
Business UK inflation holds at 2.0 percent in June Alagbe Shenayon Jul 17, 2024 UK inflation held steady in June, remaining at the Bank of England's target rate of 2%, according to the latest official…
News Nigeria’s inflation rate hits 34.19 % amid rising food cost Alagbe Shenayon Jul 15, 2024 Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National…
News Inflation: FG announces suspension of taxes on imported food commodities Alagbe Shenayon Jul 8, 2024 The Federal Government has announced duties, tariffs and taxes on imported food commodities will be suspended. In a statement…
News Nigerians borrow ₦3.9bn as inflation heightens — CBN Alagbe Shenayon Jun 24, 2024 Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria (CBN), said…