News Nigeria’s inflation rate to hit 25%, World Bank predicts Olusegun Kugbayi Jul 3, 2023 The World Bank predicts that inflation in Nigeria will reach 25% in 2023, compared to the country’s current inflation…
Business Why Nigeria’s inflation will continue to shoot up – Ex-CBN Dep… Toyibat Ajose Jun 22, 2023 Former Deputy Governor of the Central Bank of Nigeria (CBN), Prof Kingsley Moghalu has said the continuous financing of…
Business New petrol pump price may push Nigeria’s inflation rate to 30% in… Oluwadamilare Emmanuel Jun 3, 2023 Partner and chief economist at KPMG Nigeria, Yemi Kale says the new prices of premium motor spirit (PMS), also known as petrol,…
Business EXCLUSIVE: Why CBN’s incessant hike in Monetary Policy Rate… Oluwadamilare Emmanuel May 28, 2023 A former Director-General of the Lagos Chamber of Commerce and Industry (LCCI) and Chief Executive Officer, Centre for the…
News 18-year high inflation: Nigerian firms’ unsold goods rise 22% to N470bn Oluwaseyi Lawal May 26, 2023 Nigerian businesses have an inventory of unsold goods that is approaching Covid-19 epidemic proportions as growing inflation…
News Inflation spike not peculiar to Nigeria, stop blaming Buhari –… Oluwadamilare Emmanuel May 17, 2023 Garba Shehu, spokesperson to President Muhammadu Buhari, says the inflation spike is a global problem and not peculiar to Nigeria.…
Business Nigeria’s inflation rate maintains rising trend Oluwadamilare Emmanuel May 15, 2023 The National Bureau of Statistics has revealed that the country’s inflation rate for the month of April has hit 22.22% surpassing…
News Lagos, Ondo, Bayelsa lead states in rising inflation Toyibat Ajose Apr 17, 2023 In March 2023, Ondo, Bayelsa, and Lagos states had the highest rates of inflation. According to the most recent National Bureau…
News Nigeria’s Inflation rate rises to 21.91% – NBS Toyibat Ajose Mar 15, 2023 The National Bureau of Statistics (NBS) says the country’s headline inflation rate rose to 21.91 percent in February 2023 compared…
Business Inflation rate rises to 21.47% in November Toyibat Ajose Dec 15, 2022 The annual inflation rate increased for the 10th consecutive month in November to 21.47%, the highest in 17 years, from 21.09…