Nigeria’s Inflation Rate Rises To 16.82% In April 2022
The national economy continues to struggle even as Nigeria's inflation rose to 16.82% in April 2022, following a similar uptick ...
Tag: Inflation
Nigeria’s Inflation Rate Worsens, May Hit 16.1% In 2022- IMF
Washington based bank, the International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in ...
Food Prices Rise By 40% — NBS
The average prices of food items in Nigeria recorded significant increases within a one-year period spanning between February 2021 and ...
Fuel Scarcity Raise Food Prices In Lagos
The prices of rice, beans, tomatoes, pepper amongst other staple food items recorded significant increases across major markets in Lagos ...
World Bank Forecasts Massive Inflation Hike in Nigeria
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices ...
World Bank Projects 5.6m More Nigerians Could Become Poor Before 2022
The World Bank has said that higher inflation could send about 5.6 million Nigerians into poverty. “Admittedly, higher inflation reduces ...
Soaring inflation and energy costs are forcing China to sell some of its precious oil supply
China is starting to sell off some of the oil it keeps in strategic reserve in a bid to lower prices in ...
Nigeria’s Inflation Sloped To 17.38 Percent in June
Nigeria’s inflation rate has dropped to 17.38 percent in July from 17.75 in June 2021, according to the National Bureau ...
Nigeria’s Inflation Rate Declines By 0.18 Percent
Nigeria’s inflation rate fell slightly from 17.93 per cent in May to 17.75 per cent in June, according to the ...
Nigeria’s Inflation Rate Drops for the First Time in Nearly Two Years
Nigeria's inflation rate has declined for the first time in 20 months, data by the country's statistical bureau has shown. ...
