Nigeria inflation rate

Report Predicts Nigeria’s Headline Inflation To Hit 32% In March As Petrol Subsidy Removal Impact Lingers

A report by a Lagos-based firm, Financial Derivative Company (FDC), has projected that Nigeria’s inflation rate is expected to hit 32.4 per cent in March 2024, becoming the highest in almost three

Victor Ezeja

6 days ago

FEATURES·Finance & Economy

Nigeria: Why Inflation Keeps Rising

Surging inflation in Nigeria has, in the views of economic experts, plunged the West African country into the worst economic crisis in years,

Victor Ezeja

4 weeks ago

Business·Finance & Economy

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

Nigeria's headline inflation rate hit a record high of 31.70 per cent in February 2024. This is an increase of 1.80 per cent from 29.90 per cent recorded in January 2024

Victor Ezeja

1 month ago

Business

Nigeria’s Inflation Hits 29.90% As Experts Blame Weaker Naira, High Fuel Prices, Others

Economists are pointing to a combination of factors, including a weaker naira and high fuel prices, as the driving forces behind Nigeria’s soaring inflation rate, which has now reached 29.90% as of

Emmanuel Ochayi

2 months ago

Business·Finance & Economy

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Nigerian companies have moved to cushion the effect of the soaring inflation by increasing staff salaries by 18.35%. The move revealed through data from the National Bureau of Statistics (NBS) ‘Nigerian Gross

Emmanuel Ochayi

5 months ago

Finance & Economy·Latest News

Why Nigeria Struggles To Stop Inflation – Dev. Bank of Nigeria Executive

Nigeria is struggling to cope with the effects of economic downturn necessitated by inflation because there is lack of a monitoring system and adequate security measures to stem the problem

Izuchukwu Okosi

5 months ago

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

Economic exerts have reacted to the upward spiral of the Nigerian inflation rate, calling for critical government intervention measures to save the situation. In a report released on Monday, by the National

Emmanuel Ochayi

6 months ago

Business

Inflation Rate Hit Historical High, As Prices Of Yam, Meat, Oil, Others Skyrocket

Nigeria’s inflation rate hit 19.64% in July, as prices of foods drive skyrocket during the same months, reflecting the Central Bank of Nigeria’s (CBN) policy to tame the growth has began to

Fakoyejo Olalekan

2 years ago

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Report Predicts Nigeria’s Headline Inflation To Hit 32% In March As Petrol Subsidy Removal Impact Lingers

Nigeria: Why Inflation Keeps Rising

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

Nigeria’s Inflation Hits 29.90% As Experts Blame Weaker Naira, High Fuel Prices, Others

Companies Increase Staff Salaries By 18.35% Amid Soaring Inflation

Why Nigeria Struggles To Stop Inflation – Dev. Bank of Nigeria Executive

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

Inflation Rate Hit Historical High, As Prices Of Yam, Meat, Oil, Others Skyrocket

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