Widespread insecurities amid weak economic productivities and low local currency exchange rates continue to pressure prices in the most populous black nation. Consumer Price Index, which...
Nigeria’s inflation numbers rose with the unemployment rate in the month of February, according to the latest report from the National Bureau of Statistics (NBS). The...
Nigeria’s Inflation Escalates, Hits 16.47 Percent in January 2021 Prices of goods and services in Africa’s largest economy rose by the most in January, according to...
Food Inflation Hits Record High of 19.56 Percent in December 2020 Food Index, which measures prices of food items, grew by 19.56 percent in the month...
Nigeria’s Inflation Rate Rises to 15.75 Percent in December Inflation rate in Africa’s largest economy, Nigeria, rose at the fastest pace in several months in the...
Inflation Hits 14.89 Percent in November Amid Insecurities, High Foreign Exchange Rate Rising cost of goods and services amid insecurities and currency devaluation has pushed headline...
Vehicles assembling and manufacturing companies operating in Nigeria should brace for a hard time ahead as the Federal Government through the draft 2020 finance bill moves...
The Central Bank of Nigeria (CBN) has said Nigerians expect rising inflation rate to hurt economic growth, according to the apex bank’s latest Inflation Attitudes Survey...
Against the backdrop of the unprecedented COVID-19 pandemic, West African consumer sentiment has experienced a lift of 8 points in the Nielsen Consumer Confidence Index (CCI)...
Nigeria’s inflation rate rose at a faster pace in the month of October amid rising input cost and persistent forex scarcity. Consumer Price Index (CPI), which...