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Tag: Inflation Rate

Nigeria’s Inflation Rate Hits 22.79% In June
Finance Jul 17, 2023

Nigeria’s Inflation Rate Hits 22.79% In June

The National Bureau of Statistics says Nigeria's inflation rate rose to 22.79% in June from 22.41% in the previous month.

Nigeria’s Inflation Rate Increases To 22.4% In May
Finance Jun 15, 2023

Nigeria’s Inflation Rate Increases To 22.4% In May

The National Bureau of Statistics says Nigeria's inflation rate increased to 22.4% in May from the 22.22 per cent recorded in April.

Nigeria’s Inflation Rate Hits 22.22% In April
Finance May 15, 2023

Nigeria’s Inflation Rate Hits 22.22% In April

The Consumer Price Index, which is used to measure the changes in the prices of goods, increased to 22.22% in April, OduNews reports.

IMF Says Nigeria’s Inflation Index Outdated
Finance Feb 21, 2023

IMF Says Nigeria’s Inflation Index Outdated

The International  Monetary Fund says the weights used to calculate Nigeria's monthly consumer price index are outdated, OduNews reports.

Nigeria’s Inflation Rate Falls To 21.34%
Finance Jan 17, 2023

Nigeria’s Inflation Rate Falls To 21.34%

Nigeria's inflation recorded its first slide in 11 months as it fell to 21.34% in December, 2022, OduNews reports.

Nigeria’s Inflation Spikes To 21.47% In November
Economy Dec 15, 2022

Nigeria’s Inflation Spikes To 21.47% In November

Nigeria's inflation rate increased to 21.47% in November, 2022 from the 21.09% it recorded in October, OduNews reports.

Fed’s Inflation Fight Could Bring ‘Pain,’ Job Losses – Powell
Finance Aug 26, 2022

Fed’s Inflation Fight Could Bring ‘Pain,’ Job Losses – Powell

The Federal Reserve Chair, Jerome Powell seriously warned of the dangers of an economic recession due to a high inflation...

Nigeria’s Inflation Rate Jumps To 19.64% In July
Finance Aug 15, 2022

Nigeria’s Inflation Rate Jumps To 19.64% In July

Nigeria's inflation rate rose to its highest in 17 years rising from 18.06% recorded in June to 19.64% in July.

Inflation Hits 11 months High To 12.82% In July – National Bureau of Statistics
Finance Aug 18, 2020

Inflation Hits 11 months High To 12.82% In July – National Bureau of Statistics

Nigeria’s inflation rate rose year-on-year (YoY) by 0.26 percentage point to 12.82 percent in July this year from 12.56 percent...

Rising Food Inflation Shatters Household With Weakened Income In Nigeria
Finance Aug 18, 2020

Rising Food Inflation Shatters Household With Weakened Income In Nigeria

Disposable income of many Nigerian households has continued to come under pressure, with many spending more on food following a...

JUST IN: Nigeria’s Inflation Rate Hits 27 Months High At 12.82% In July
Finance Aug 17, 2020

JUST IN: Nigeria’s Inflation Rate Hits 27 Months High At 12.82% In July

Nigeria’s inflation rate rose to 12.82% in June 2020 making it the highest recorded in 27 months since March 2018...

JUST IN: At 12.40%, Nigeria Hits Highest Inflation Rate In 2 Years
Finance Jun 17, 2020

JUST IN: At 12.40%, Nigeria Hits Highest Inflation Rate In 2 Years

Nigeria’s inflation rate has increased to 12.40% in May 2020, making it the highest recorded in the country in two...

Nigeria’s Inflation Rate Rises To 12.34% In April
Finance May 21, 2020

Nigeria’s Inflation Rate Rises To 12.34% In April

The consumer price index which measures Nigeria’s inflation rate has increased by 12.34% in April, the Nigeria Bureau of Statistics...

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