Tags :Inflation in Nigeria
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
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Overview: Mr. Festus Kayamo said that Nigeria’s inflation rate under the current administration is not the highest figure when compared to the Obasanjo administration. We looked back at the figures reported to confirm his Read More
Data from the Q3 2022 Foreign Trade Statistics report by the National Bureau of Statistics has shown that household food and beverage imports rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter Read More
The National Bureau of Statistics has disclosed that Nigeria’s inflation rate rose for the 10th consecutive month to 21.47 per cent in November 2022. This is the highest in 17 years. It was 21.09 per cent in October. Read More
According to the National Bureau of Statistics, Nigeria’s inflation rate has risen to a new record high of 21.09 per cent in October 2022. The increase is not unconnected to the price of fuel, scarcity of 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
About 23 million Nigerians were pushed into a food crisis due to the impact of the COVID-19 pandemic-induced inflation in 2021. The World bank said this in its latest Commodity Markets Outlook report in reference to the Read More
