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The consumer price index (CPI), which gauges how quickly prices for goods and services rise, increased from 22.79 percent in June 2023 to 24.08 percent in...
Nigeria’s inflation rate rose not less than 67 times since June 2014. According to The Punch, analysis of the Inflation Rate data provided by the Central...
Garba Shehu, spokesperson to President Muhammadu Buhari, says the inflation spike is a global problem and not peculiar to Nigeria. On Monday, the National Bureau of...
The Central Bank of Nigeria (CBN) says it has established policies to address the persistent depreciation of the naira. The local currency currently exchanges N440/$1 at...
Festus Keyamo, Minister of States for Labour and Employment, has said that Nigeria Fares better than major countries in the world in terms of the percentage...
Naira has weakened by 34 percent in 10 months, closing at N710 to a dollar on Wednesday in the parallel market, with a margin of N280...
Nigerian bakers have decided to hike the price of bread by 20 percent amid surging production costs. Last week, bakers, under the aegis of the Premium...
The government of Ghana says it has introduced a 15 percent cost of living allowance (COLA) to help residents survive the country’s harsh economy. Kojo Oppong...
The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 18.60 percent in June 2022, up from...
According to the latest figures by the National Bureau of Statistics, Nigeria’s inflation rate has again increased to 17.71 percent, The NBS on Wednesday said that...
