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The International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 percent in 2022. This projection was presented in a tabular illustration in...
Nigeria’s consumer price inflation rose in February after recording a fall in January as the nation faces fuel shortages that have helped push prices higher. The...
In January 2022, the consumer price index, which monitors inflation, jumped by 15.60 percent year over year. This is 0.87 percentage points lower than the rate...
Nigeria’s rate of inflation dropped to 18.12 percent in April 2021, the National Bureau of Statistics (NBS) said on Monday It was 18.17 percent in March,...
The inflation rate in Nigeria jumped in December to its highest level in more than three years, data released on Friday by the National Bureau of...
The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria to 14.23 percent in October 2020....
The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 percent in August, the National Bureau of Statistics said on...
Nigeria’s economic woes seem to be far from over following the disclosure by the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele that the...
