‘Unstoppable’ High Inflation Hinders UK Cost-of-living Fight
Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed on Wednesday, piling pressure on the Bank of England and government
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INFLATION: Nigeria’s N30k Minimum Wage Now Worth N19,355 – World Bank
Nigeria’s poverty population has risen by 5 million in 2022, the World Bank’s Chief economist, Alex Sienaert, has revealed, blaming rise in inflation rate which has reduced the value of minimum wage in the country. Prime Business Africa had reported that Nigeria’s
Ghanaian Cedi Becomes Worst Currency Among 148 Countries, Raises Cost Of Living
Ghana’s currency, cedi, has been rated the worst performing currency in the world, as the legal tender continues to suffer depreciation in value against the United States dollar in 2022. In the last 10 months, Ghanaian cedi lost 45.1 per cent of
Inflation Rate: Bread, Fish, Gas, Other Prices Increasing Cost Of Living In Nigeria
The cost of living in Nigeria skyrocketed last month when food inflation hit its highest rate in almost 17 years in August, after rising to 23.12%, with Nigeria’s inflation rate surging to 20.52% in the same month. The Nigerian inflation rate had
UK Inflation Trails Nigeria’s Rate As Food Prices Worsen Cost Of Living
The Office for National Statistics in the United Kingdom revealed that UK inflation rate hit 10.1% in July, the same month Nigeria recorded 19.64% rate, with food prices rising in both countries. While Nigeria’s inflation rate is the highest in 17 years,
Those Destroying Our Economy Should Be In Jail – Senator Ben Bruce Says
Former Nigerian Senator, Ben Murray-Bruce, has stated that some people need to be held responsible for Nigeria’s declining economy. The ex-bayelsa lawmaker said this following significant rise in cost of living. What you need to know Recall that prior to President Muhammadu
Yam, Meat, Other Food Prices Soar, As Nigeria’s Inflation Rate Hits 5-year Highest Cost Of Living
Food prices in Nigeria skyrocketed by 5.6% in June, as Nigeria’s inflation soared to 18.6%, the highest level in five years, reflecting the government’s inability to curb rising cost of living in Nigeria. The National Bureau of Statistics (NBS) revealed the inflation
List Of African Cities With Highest Cost Of Living Index Scores
To be clear, cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost-of-living index. Cost of living calculations are also used to compare the cost
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