Tag: Nigeria’s inflation
JUST IN: Nigeria’s Inflation plummets again to 15.10% in January
According to NBS, disaggregated data showed that urban inflation on a year-on-year basis stood at 15.36 per cent in January…
Breaking: Inflation slumps again as Nigeria records sharp December price slowdown
The monthly inflation trend also pointed to slower price increases. The NBS reported that the month-on-month headline inflation rate stood…
Breaking: Nigeria’s Inflation plummets to 14.45% in November despite price uptick
The twelve-month average inflation rate also reflected easing pressures. According to the NBS, average inflation for the twelve months ending…
Nigeria’s Inflation crashes dramatically as October rate falls to 16.05%
It stated that, “on a year-on-year basis, the Headline inflation rate was 17.82% lower than the rate recorded in October…
Nigeria’s Inflation plummets to 18.02% in September
The report revealed that the September figure represents a 2.1 percent decrease from the previous month’s rate, showing a sustained…
Nigeria’s headline Inflation eases to 21.88% in July
“On a month-on-month basis, the Headline inflation rate in July 2025 was 1.99%, which was 0.31% higher than June 2025…
Nigeria’s Inflation plummets to 22.22% in June amid rising CPI
The urban inflation rate declined to 22.72% year-on-year in June 2025, significantly lower than the 36.55% recorded in June 2024.…
Hope for Nigerians as Inflation Rate plunges to 22.97% in May
According to the NBS report, the average inflation rate over the past 12 months, ending in May 2025, stood at…
Nigeria’s Inflation rate plummets, hits 23.71% in April
On a year-on-year basis, the inflation picture showed even greater improvement. The April 2025 figure of 23.71% was 9.99 percentage…
Price explosion: Nigeria’s inflation soars to 24.23% in March
The latest figures from the National Bureau of Statistics (NBS) paint a grim picture for Africa’s largest economy, showing sharp…
Economic shift? Nigeria records biggest Inflation drop in years
On a year-on-year basis, the February 2025 inflation rate was 8.52% lower than the 31.70% recorded in the same month…
Inflation crashes! Nigeria’s CPI drops to 24.48% in stunning decline
The imported food index, at 11.47%, suggests external factors such as currency fluctuations and supply chain disruptions are affecting food…
Nigeria’s Inflation hits 34.80% in December, festive spending drives spike
From the report. despite the annual increase, the month-on-month inflation rate showed a slight decrease, falling to 2.44% in December…
Nigeria’s Inflation surges to 34.60% in November as prices soar
Breaking down the figures, the NBS revealed that urban inflation rose significantly, hitting 37.10% in November 2024 on a year-on-year…
Breaking: Nigeria’s Inflation skyrockets to 33.88% in October as food prices surge
The report, released on Friday, revealed that the October Headline inflation rate increased by 1.18 percentage points from the 32.70%…
Breaking: Nigeria battles Inflation spike as rates hit 32.70% in September
Additionally, the NBS reported that on a month-on-month basis, the headline inflation rate for September 2024 was 2.52%, 0.30% higher…
Breaking: Nigeria’s inflation jumps to 34.19% in June
According to NBS, In June 2024, the headline inflation rate increased to 34.19% relative to the May 2024 headline inflation…
Nigeria’s inflation hits 33.95 percent in May
According to the NBS, In May 2024, the headline inflation rate increased to 33.95% relative to the April 2024 head…
Nigeria’s inflation zooms to 33.2% in March
According to the NBS, "In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline…
Stakeholders raise concern as Nigeria’s inflation rate rises to 31.70%
“Cost of living has become increasingly unbearable, crime has taken over the entire country, and investors are afraid to venture…
Nigeria’s inflation zooms to 31.70% in February
According to NBS, "In February 2024, the headline inflation rate increased to 31.70% relative to the January 2024 headline inflation…
Nigeria’s inflation climbs to 28.92% amidst rising food prices
On a year-on-year basis, the NBS said the headline inflation rate was 7.58% points higher compared to the rate recorded…
Nigeria’s inflation hits 27.33% in October, as prices of foodstuffs, goods climb up
According to report released by the National Bureau of Statistics (NBS) on Wednesday, the headline inflation rate in October 2023,…
Nigeria’s inflation jumps to 25.80% in July
According to the report, in August 2023, the headline inflation rate increased to 25.80% relative to the July 2023 headline…
Diversify into agriculture to stem rising inflation, Nzekwe tells FG
“If the federal government can get agriculture right, this will automatically bring down the nation’s inflation rate because it affects…
Nigeria’s inflation skyrockets to 24.08% in July
The NBS, in its report on Tuesday said in July 2023, the headline inflation rate rose to 24.08 per cent…
Nigeria’s inflation jumps to 22.79 percent, as prices of food shoot up
The NBS said in June 2023, the headline inflation rate rose to 22.79% relative to May 2023 headline inflation rate…
Nigeria’s inflation rate to hit 25%, says World Bank
According to the June 2023 issue of the Nigeria Development Update, the bank predicted a considerable increase in 2023 to…
Nigeria’s inflation soars to 22.41 percent in May
According to the NBS, in May 2023, the headline inflation rate increased to 22.41% relative to April 2023 headline inflation…
Nigeria’s inflation soars to 22.04% in March
According to the NBS, the headline inflation rate rose to 22.04% compared to February 2023 headline inflation rate which was…