Nigeria’s headline inflation rate dropped to 32.15% in August 2024, compared to the July 2024 headline inflation rate of 33.40%. This is according to the composite...
Nigeria’s federal government, in a move that is destined to worsen inflation in the country, has, through the Central Bank of Nigeria, raised the exchange rate...
BY EMEKA EJERE With worsening economic hardship occasioned by the removal of petrol subsidy and unification of exchange rates not likely to abate anytime soon, it...
Nigeria’s inflation rate increased to 22.79% in the month of June 2023, representing a 0.38% points increase from 22.41% recorded in the previous month. This is...
Nigeria’s consumer price index (CPI), which measures the rate of change in prices of goods and services, increased to 22.41 percent in May 2023, up from...
Okey Onyenweaku As inflation continues to ravage economies, Central Banks all over the world appear to be losing the fight to stem the tide. Experts say...
Recent report published by the National Bureau of Statistics revealed that Nigeria’s headline inflation rate in December 2022, eased to 21.34% compared to November 2022 headline...
Nigeria’s composite price index (CPI), which measures inflation, rose to 20.77% in the month of September, 2022, up from 20.52 percent recorded in August, the highest since...
BY EMEKA EJERE Nigerian businesses and households may have to live with skyrocketing cost of production and eroding purchasing power much longer than expected despite efforts...