Nigeria’s inflation rose to 34.60 percent in November 2024 spurred by increases in food and electricity costs, according to the latest data by the National Bureau...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the bank’s efforts to tame inflation and pressures on the foreign exchange...
Prices moderated further in Africa’s largest economy, Nigeria, in the month of August despite rising costs and growing economic uncertainties. Consumer Price Index (CPI), which measures...
The Lagos Chamber of Commerce and Industry (LCCI) on Sunday urged the government to focus on reducing the cost of energy, logistics and other variables to...
Inflation in Africa’s largest economy, Nigeria, moderated from 18.17 percent year-on-year recorded in March 2021 to 18.12 percent year-on-year in the month of April 2021, according...
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 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...
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...
Nigeria’s Business Outlook Drops in October as Businesses Expect Borrowing, Inflation Rate to Surge Businesses surveyed by the Central Bank of Nigeria in the month of...