Tag: Inflation

The inflation rate in Nigeria rose to 26.72% in September 2023 amid soaring food prices and harsh economic realities occasioned ...

The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week. Volatility is likely to ...

The figures released by NBS on Friday indicates a high in inflation rate for the Africa's largest economy in close ...

The latest Consumer Price Index data released by the Nigeria Bureau of Statistics revealed that Sokoto, Borno and Nasarawa are ...

Food inflation were highest in Kogi, Lagos, and Bayelsa with 34.53%, 32.52%, and 31.31% respectively

The jump comes on the back of removal of petrol subsidies and the unification/devaluation of the official exchange rate.

With the inflation beast drawing strength from rising food prices, transportation, and import costs, it is forecast to tick even ...

In response to the soaring food prices and anti-competitive practices, the Federal Government, acting through the Federal Competition and Consumer ...

Writer: EVANS WOHEREM, Ph.D Root Causes of Economic Challenges in African Countries The economic challenges faced by several ...

The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to reduce taxes on basic food ...

In recent times, Nigeria has grappled with surging inflation rates and the removal of subsidies, significantly impacting the cost of ...

Nigeria is Africa's largest economy with much potential to blossom but its current economic state looks dicey. The new administration ...

Food in Nigeria is becoming more expensive than ever before. Ordinarily, Africa's largest economy with vast land of 1,200 km ...

The year 2022 witnessed a significant inflation rate of 18.85 percent, which was higher compared to the previous year's rate ...

The playbook adopted by the Central Bank of Nigeria (CBN) to curb inflation seems ineffective amid persistent inflationary pressures. Inflation ...