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Nigeria Inflation News - Page 4

Nigeria's Inflation Drops To 24.48% In January
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How Govt Palliatives Push Food Inflation – CBN

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that the government’s large-scale purchase of foodstuffs as palliatives is contributing to the country’s rising food inflation. This statement was made during the March Monetary Policy Committee meeting, where the
May 3, 2024
Nigeria's Food Crisis: Corruption, Mismanagement To Blame?
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Why Nigeria’s Food Crisis May Last Longer

In Nigeria, the ominous shadow of a developing food crisis looms large, signaling not only heightened economic strain but also a danger to the nation’s stability. The persistent rise in food costs, presently marking its 15th consecutive rise, paints a grim picture
April 23, 2024
Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE
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Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

Nigeria’s inflation rate took another stride, hitting 33.2% in March 2024, marking a 1.5% jump from February’s 31.7%. Though the climb persisted, it was a tad slower compared to the prior month’s increase of 1.80%. The National Bureau of Statistics (NBS) unveiled
April 15, 2024
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