Nigeria’s headline inflation surged to 29.90% in January 2024, a significant uptick from the December 2023 figure of 28.92%, according to the latest data released by...
The NBS attributed the rise in inflation to disruptions in the supply of food products, increased import costs due to the naira's depreciation, and a general...
Rising cost of living amid forex scarcity pushed inflation to a new record high of 21.09 percent in October 2022
The central banks of the three biggest economies in Africa are expected to raise interest rates in days to come in an effort to curb rising...
The persistent increase in the price of bakery materials and the Federal Government’s nonchalant attitude towards the situation has forced bread producers across the country to...
Inflation increased at a slower pace in the first month of the year, according to the latest report from the National Bureau of Statistics (NBS). Consumer...
The Federal Government has suspended plans to remove fuel subsidy by the end of the first half of 2022 over heightened inflation, according to the Minister...
The National Bureau of Statistics, on Monday announced that Nigeria’s annual inflation rate has risen to 15.63 percent in December 2021. This was higher than the...
Prices of goods and services moderated further in Africa’s largest economy Nigeria in the month of November, according to the latest report from the National Bureau...
The price of goods and services grew faster in Africa’s largest economy, Nigeria, in the month of October, according to the latest data from the National...