Nigeria Customs Suspends Duties on Essential Food Items to Combat Inflation, Hunger
The Nigeria Customs Service has suspended import duties and taxes on essential food items. This was revealed in a video ...
Tag: Inflation in Nigeria
FG Appeals for Calm as Citizens Plan Nationwide Protest Over Economic Hardship
The federal government has appealed to citizens planning a nationwide protest over food crisis and hunger, to remain calm and ...
Staple Food Prices in Nigeria Soar by Over 250% in One Year
The prices of major staple foods in Nigeria such as beans, yam, potato, plantain, and tomato have risen by over ...
CPPE Urges CBN to Pause Interest Rate Hike Amidst Inflation Concerns
The Centre for the Promotion of Private Enterprise (CPPE) has asked the Central Bank of Nigeria (CBN) to put a ...
Nigeria’s Inflation Rate Hits 34.19% in June 2024, Food Inflation Surges to 40.87%
Nigeria’s inflation rate rose to 34.19 percent in June 2024 — up from 33.95 percent in May. The data is ...
Nigerians Brace for Most Expensive Sallah in Over 30 Years as Inflation Soars
As Sallah approaches, Nigerians, particularly the Muslim faithful, will be struggling with record-high inflation, which has driven up the costs ...
Nigeria’s Inflation Rate Rises to 33.69% in April 2024
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of ...
Devaluation of Forex Contributes to Rising Cost of Drugs in Nigeria- Health Minister
The Coordinating Minister of Health and Social Welfare, Muhammad Pate, has attributed the devaluation of the foreign exchange to the ...
Nigeria’s Headline Inflation Rate Hits 29.9% in January 2024
The National Bureau of Statistics (NBS) said today that the headline inflation rate increased year-on-year (YoY) by 0.98 percentage points ...
Nigeria’s Inflation rises to 28.20% in November
• Food inflation increases to 32.84% - NBS In November 2023, the overall inflation rate rose to 28.20%, surpassing the ...
