The Central Bank of Nigeria (CBN) says the country’s inflation rate may drop to 13 percent this year and single-digit by 2022. Hassan Mahmud, director of monetary policy department, CBN,
Tag "Inflation"
President Muhammadu Buhari has urged Nigerians to exercise patience as his administration continues to address the current challenges facing the country. In a statement by Garba Shehu, presidential spokesperson, Buhari
Gab Okulaja, coordinator of the federal government’s national school feeding programme in Cross River state, says the surging prices of food items in the country is negatively affecting the scheme.
The Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide from
SBM Intel, a geopolitical research firm, says food prices have remained high in Nigeria because of reduced local production and
The report of high rates of inflation and unemployment made the headlines in many Nigerian newspapers. The change in the
The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33
Zainab Ahmed, the minister of finance, budget and national planning, says the reduction of import levy for vehicles included in
The consumer price index, which measures the rate of increase in the price of goods and services, increased to 16.47
Nigeria’s food inflation increased by 1.26 percent on a year-on-year basis from 18.30 percent in November 2020 to 19.56 percent
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