According to the National Bureau of Statistics, Nigeria’s food inflation has been on a steady rise in recent years, reaching 29.34% in August 2023, under President Bola Ahmed Tinubu, the highest level in recent history. This Read More
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Quadri Yahya After waiting for hours at a UBA branch in the Iwo road area of Ibadan, the capital city of Oyo State, a bank official would announce to the waiting customers that cash was Read More
The National Bureau of Statistics has said that prices of selected food items in September 2022 increased. This was contained in the NBS Selected Food Prices Watch Report for September 2022. The report said that the average Read More
Nigeria’s inflation rate has risen by 0.92 basis points to 20.52 percent in August 2022, from 19.6 percent in July. This is the highest record since October 2005 and it represents the seventh consecutive monthly rise in Headline inflation Read More
Data from the National Bureau of Statistics has revealed that the prices of selected food items increased in July 2022. This was made in its Selected Food Prices Watch Report for July 2022. NBS stated that the Read More
A study by Boston Consulting Group, a global management consulting firm, has shown that about 45 countries around the world are severely exposed to the Ukraine war-induced food crisis. BCG, in a report titled, ‘The war Read More
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The National Bureau of Statistics has published that the consumer price index for April 2022 increased to 16.82 percent on a year-on-year basis. The recent figures are 1.3 percent points lower compared to the rate recorded in Read More
