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Inflation rate hits 13.22% — highest jump since Oct 2016

    Inflation rate hits 13.22% — highest jump since Oct 2016

The consumer price index which measures inflation rose by 0.40 percentage points between July and August 2020 on a year-on-year basis, the highest increase recorded since October 2016. According to

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Prices of foodstuff, medical services push inflation to 12.82%

    Prices of foodstuff, medical services push inflation to 12.82%

The consumer price index, which measures the rate of increase in the price of goods and services, rose to 12.82 percent in July 2020. This is according to the inflation

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Inflation hits 12.56% — highest since March 2018

    Inflation hits 12.56% — highest since March 2018

The consumer price index which measures inflation rose to 12.56 percent in June, a new report by the National Bureau of Statistics has shown. According to the report, which was

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Inflation hits two-year high amidst COVID-19 pandemic

    Inflation hits two-year high amidst COVID-19 pandemic

The consumer price index, which measures inflation, hit a two-year high in April to stand at 12.34 percent. The last time inflation was in this region was in April 2018

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Food prices fall in Lagos as March inflation hits 12.26%

  Food prices fall in Lagos as March inflation hits 12.26%

Data released by the National Bureau of Statistics (NBS) has shown that the consumer price index (CPI) which measures inflation

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Nigeria week ahead: Oil, inflation and PMI in focus

  Nigeria week ahead: Oil, inflation and PMI in focus

A darker mood awaits the largest economy in Africa as oil descends to levels to not seen in more than

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Inflation hits 11.98% — highest in 19 months

  Inflation hits 11.98% — highest in 19 months

The consumer price index, which measures inflation, stood at 11.98% in December 2019. This is 0.13 percentage points higher than

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Border closure contributing to rising inflation, says finance minister

  Border closure contributing to rising inflation, says finance minister

Zainab Ahmed, minister of finance, says the closure of the country’s land borders is contributing to rising inflation. Last week,

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Inflation hits 11.24% as food prices rise

  Inflation hits 11.24% as food prices rise

The consumer price index, that measures the rate at which the prices of goods and services in increase, stood at

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Nigeria’s VAT increase: Penny-wise, pound foolish

  Nigeria’s VAT increase: Penny-wise, pound foolish

BY AYO BANKOLE AKINTUJOYE On Thursday, September 12, 2019, news broke that the Federal Executive Council (FEC) had approved plans

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