The National Bureau of Statistics, NBS, released its Consumer Price Index report for April 2025, revealing a slight easing in Nigeria’s inflation rate compared to previous months and the same…
The Central Bank of Nigeria, CBN, has said that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. It also projected that diaspora remittances…
Nigeria’s inflation rose to 34.60 per cent in November 2024, reflecting a 0.72 per cent increase from October’s rate of 33.88 per cent. This came as Nigerians expressed optimism that…
The high rate of inflation in Nigeria is taking its toll on hotels, forcing them to shut down operations, industry operators have cried out. Hoteliers have called on the government…
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso yesterday affirmed that the Federal Government is prepared to deploy all tools to rein in inflation. The CBN, Cardoso said, is prepared…
The Organised Private Sector has said that the consecutive monthly drop in the rate of inflation in Nigeria contradicts the current economic realities across the country. On Monday the National…
The National Bureau of Statistics (NBS) on Wednesday, May 15, said inflation rate increased to 33.69% in April 2024 from the 33.20% of March 2024. This was contained in its…
The National Bureau of Statistics, NBS, has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 per cent in February 2024. This…
Members of the Monetary Policy Committee of the Central Bank of Nigeria have blamed the excess cash in circulation for the accelerating inflation in the country. This was revealed in…
The National Bureau of Statistics (NBS) on Friday, March 15, said inflation rate soared from the 29.90% in January 2024 to 31.70% in February 2024. This was contained in its…