Tag: Nigeria’s inflation
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…