Food prices fall in Lagos as March inflation hits 12.26%

Data released by the National Bureau of Statistics (NBS) has shown that the consumer price index…

Border closure contributing to rising inflation, says finance minister

Zainab Ahmed, Minister of Finance, says the closure of the country’s land borders is contributing to…

Inflation hits 11.61% — highest in 17 months

The consumer price index, which measures inflation, rose to 11.61% in October, data released by the…

CBN to continue to apply monetary policy tools to control Inflation

The Central Bank of Nigeria (CBN) says it will continue to apply monetary policy tools to…

Inflation hits seven-month high at 11.44%

The consumer price index, (CPI) which measures inflation, increased by 11.44% (year-on-year) in December 2018; a…

Rising food prices drive inflation rate up to 11.28%

The consumer price index, which measures inflation, stood at 11.28% in September from 11.28% recorded in…

CBN holds interest rate at 14%, says inflationary pressure to remain

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has kept the monetary…

Inflation drops to 11.61% — below FG’s 2018 target

Nigeria’s inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set…

Inflation rate sinks to 11 month low at 13.34%

Data made available by the National Bureau of Statistics (NBS) shows that inflation has again slowed;…

Inflation rate drops marginally, food prices rise to 8-year high

Data released by the National Bureau of Statistics (NBS) show that consumer price index (CPI), which…

Inflation trends lower to 16.1%, food prices up

The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June…

Open chat