Nine ways inflation affects Nigerians in recent times
...inflation rate at 22.41 percent is the highest in about 17 years ...food inflation is highest with more than 50% ...
Tag: Inflation in Nigeria
Subsidy removal: Expect 25% inflation rate, World Bank predicts
...high inflation pushes 4 million Nigerians into poverty in 5 months The World Bank has projected that inflation may hit ...
Inflation rose by 0.19% to 22.41% in May
Nigeria’s annual inflation rate rose to 22.41 per cent in May from 22.22 per cent in the previous month, the ...
BREAKING: Nigeria’s inflation rate swells to 21.82% in January 2023
Nigeria’s inflation rate resumed its uptrend in January 2023, hitting a record high of 21.82%. This represents a 0.47% increase ...
NBS Figure Shows That Nigeria’s Inflation Falls First Time In 11 months
Nigeria’s inflation rate eased for the first time in 11 months to 21.34 per cent. The country’s inflation rate had ...
Investors settle for paltry 7.3% yield on Treasury Bill despite 21.47% inflation rate
Despite an inflation rate of 21.7% year-on-year, investors were willing to place their bet on Nigeria’s 364-day tenor Treasury bill ...
Inflation Pushes 5m Into Poverty, Wage Value Down By 35%
The World Bank has said that Nigeria is in a worsening situation, with economic performance becoming weaker as inflation persists. ...
Rising inflation drives consumption expenditure to N57tn
Rising inflation drove Nigerians’ consumption expenditure to N57.08tn in the first half of 2022. This is a 14.39 per cent ...
‘Import pass-through costs may worsen Nigeria’s inflation outlook’
FBNQuest has expressed concerns about Nigeria’s inflationary trend, noting that the present currency depreciation may further aggravate the country’s inflation ...
FG Decries Rising Inflation, Moves To Stop Trend
The Federal Government has decried the growing inflation in Nigeria, saying mechanisms have been activated to check the trend. According ...
