Nigeria’s inflation rate reduced by 0.05 per cent in April compared to what obtained in March, the National Bureau of Statistics said in a report Monday. The bureau said while inflation rate stood at 18.17 per...
The rate of inflation rose to a four-year high by 18.17 percent in March 2021, some 0.82 percent points higher than the 17.33 percent in February 2021. The National Bureau of Statistics (NBS) yesterday reported that...
Nigeria’s inflation rate rose to 16.47% (year-on-year) in January 2021 as against 15.75% recorded in December 2020 according to the National Bureau of Statistics (NBS). It is the highest since April 2017. The food index...
Nigeria’s inflation rate rose to 15.75 per cent in December 2020, the highest level in 32 months. And it was fuelled mainly by food prices. According to data by the National Bureau of Statistics, this is...
President Muhammadu Buhari says his administration will fight food inflation in 2021. Towards that, he reiterated his directive to the Central Bank of Nigeria, CBN, not to give any money for food importation. Speaking at the...
Nigeria’s inflation rate rose by 14.89% (year-on-year) in November 2020, some 0.66% points higher than the rate recorded in October 2020 (14.23%). This is according to the Consumer Price Index report, recently released by the National...
The consumer price index which measures inflation, increased by 14.23% (year-on-year) in October 2020, the National Bureau of Statistics (NBS) reported today This is 0.52% points higher than the rate recorded in September 2020 (13.71%). According to...