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Nigeria Inflation News - Page 8

Twitter’s Elon Musk Lands In Court Over Stolen Source Code

Recession To Worsen In US – Musk Predicts

The billionaire, Elon Musk has slammed the president Joe Biden administration for printing “a zillion” more dollars, whining it will land the US into a recession that could last up to 18 months. Musk made the comments at a tech conference in
May 17, 2022
Food, Energy Prices Push Inflation Rate To 16.82% In April

Food, Energy Prices Push Inflation Rate To 16.82% In April

The National Bureau of Statistics, NBS, has hinted in its Consumer Price Index (CPI) report that inflation rate rose to 16.82 percent in April  2022. Reportedly, this represented the highest rate recorded since August 2021 (highest in eight months). The bureau also
May 17, 2022
Nigeria's H1 2023 Economic Review: The Major Headwinds

Why US Increased Interest Rate By 50 Points

In a bid to crush the soaring inflation scourge in the United States, the Federal Reserve has just made its biggest rate hike since 2000 with a half percentage point increase. Noting more increases “will be appropriate,” the US central bank’s policy-setting
May 12, 2022
Muda Yusuf

Nigeria: How To Halt High Inflation, Pressure

Nigeria’s eight-month steady deceleration in headline inflation ended with the marginal spike in the December 2021 numbers, from 15.4% in November 2021 to 15.63%, according to the National Bureau of Statistics (NBS). Economist and Chief Executive of the Centre for the Promotion
January 18, 2022
Osinbajo
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FG Determined To Tackle Inflation, Food Security

Tackling the current inflation and other challenges of food security in Nigeria is in top priority list of the Federal Government. This was disclosed by Vice President Yemi Osinbajo, who spoke virtually yesterday at the preparatory meeting of the United Nations Food
July 28, 2021
NBS
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Nigeria’s Inflation Drops For Third Straight Month

Inflation in Nigeria has dropped for the third straight month in the year 2021, according to the latest figures released by the National Bureau of Statistics (NBS). Inflation had consistently increased in Nigeria for 19 months since President Muhammadu Buhari decided to
July 19, 2021
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