The National Bureau of Statistics (NBS) has announced a drop in Nigeria’s headline inflation rate to 23.18% in February 2025, down from 24.48% recorded in...
Nigeria’s annual inflation rate surged to 27.33% in October, marking a 0.61% increase from the previous month, according to the National Bureau of Statistics (NBS). The...
Nigeria’s inflation rate surged to 26.72% in September 2023, driven by soaring food prices and economic challenges following the removal of the fuel subsidy in May....
Nigeria’s economy is facing a severe shock as the country’s inflation rate reached a staggering 25.80% in August, marking the highest figure since August 2005, according...
A Financial expert and chairman of Amaecom Conglomerate, Marcel Ofomata, has raised concern over multiple taxation, naira devaluation and low quality products, saying they impede businesses...
Investment analysts have predicted that headline inflation rate will rise above 23 percent on account of recent government policies including removal of fuel subsidy and naira...
Nigeria’s inflation figure rose to 21.91 percent in February, the month of when Nigerians suffered acute cash scarcity. According to a report released by the National...
The consumer price index in Nigeria, increased to 17.33% in February from 16.5% in January 2021. This is the highest point since April 2017. The Consumer...