Inflation Archives

Sanwo-Olu Approves Hike In Lagos BRT Fare

Inflation: Sanwo-Olu approves hike in BRT fares by N100 …Okays conversion of diesel to CNG for buses EDITOR’S PICK: BREAKING: NollyWood Actress Jenifa, Husband JJC Skillz...

Economy3 years ago

Nigeria’s Inflation Rate Rises To 15.92%

The headline inflation rate slowed down in March 2022 when compared to the same month in the previous year The agency blamed the rise in the...

Economy3 years ago

Nigeria’s Inflation Rate Rises By 15.70% In February

Concerning the urban inflation rate, an increase to 16.25 per cent (year-on-year) in February 2022… The rural inflation rate increased to 15.18 per cent in February...

Nigeria's Debt Servicing: Buhari Pays $1.79bn to World Bank, China

Featured3 years ago

Nigeria, Hard Times and Cacophonous Tunes

By abiodun KOMOLAFE Fellow Nigerians, if reports emanating from the grapevine are anything to go by, then, interesting times beckon in 2022. Barring any unforeseen circumstances,...

Economy3 years ago

Nigeria’s Inflation Rate Stands At 16.63%, Signalling Further Drop In September

…the Headline Index increased by 1.15 per cent in September 2021, this is 0.13 per cent rate higher than the rate recorded in August 2021 (1.02)...

Economy3 years ago

Nigeria’s Inflation Rate Drops To 17.75%

The implication is that prices of food rose in the month under review but at a little slower pace than what was recorded in May 2021...

News3 years ago

Nigeria’s Inflation Rate Falls Again As Food Prices Soar

Attacks on farms, forex scarcity and naira devaluation have contributed to seeing local food demand outweighing production… Nigeria’s inflation rate fell for the second consecutive month...

Economy3 years ago

Inflation To Increase Poverty, Unemployment Rate By End Of 2021- Report

…insecurity and conflict as well as the COVID-19 pandemic are responsible for the challenges The World Bank says Nigeria’s inflation rate is expected to rise to...

Business & Economy4 years ago

Nigeria’s Inflation Rate Drops For First Time In 20 Months

The latest data by the NBS defy several predictions by economists, projecting a steady increase in inflation Nigeria’s headline inflation has dropped for the first time...