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Business news, Major Headlines

Shocking Surge: Nigeria’s Inflation Hits 33.88%

November 15, 2024 Taiwo Oyedepo

Nigeria’s headline inflation rate surged to 33.88% in October 2024, up from 32.7% in September 2024, marking a 1.18 percentage point month-on-month increase. This was reported in the National Bureau…

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Nigerians Face More Economic Challenges as Food Inflation Soars to 40%

April 16, 2024 Omajemite Don

Nigerians Face More Economic Challenges as Food Inflation Soars to 40% in March 2024. Nigeria is grappling with a significant surge in food inflation, reaching an alarming 40% in…

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Nigeria’s Inflation Climbs to 28.20%: Highest in 2023

December 15, 2023 Omajemite Don

Nigeria Inflation rate as at today. Nigeria’s inflation rate surged to 28.20% in November, marking the eleventh consecutive rise this year, as reported by the National Bureau of Statistics (NBS).…

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Nigeria’s Inflation Hits 24.08%, Highest Leap of the Year: What Does It Mean for Nigerians

August 15, 2023 Omajemite Don

Nigeria has witnessed a substantial surge in headline inflation, reaching an alarming 24.08% in July 2023, according to data released by the . This staggering increase represents the most significant…

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Business news

Debt servicing engulfs over 99% of revenue as inflation in Nigeria bites harder in 7 years

July 18, 2023 News Agency Of Nigeria

Debt Servicing Consumes Over 99% of Nigeria’s Revenue The fiscal challenges facing Nigeria in the 2022 financial year have become increasingly dire, as recent data reveals that a staggering…

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Business news

Yam, rice, garri prices surge by 200% under Bola Tinubu – NBS

June 13, 2023 Omajemite Don

The removal of subsidies has resulted in a 200% increase in food prices. Data from the National Bureau of Statistics (NBS) reveals that despite the Central Bank of Nigeria…

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Nigeria’s inflation rate rises for third straight month

Business news

Inflation rate in Nigeria rises for 3rd straight month

April 15, 2023 Omajemite Don

The inflation rate in Nigeria has experienced a consecutive increase for the third month in a row, reaching 22.04 percent in March from the previous month’s 21.91 percent, as per…

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inflation in nigeria

Shocking Surge: Nigeria’s Inflation Hits 33.88%

Nigerians Face More Economic Challenges as Food Inflation Soars to 40%

Nigeria’s Inflation Climbs to 28.20%: Highest in 2023

Nigeria’s Inflation Hits 24.08%, Highest Leap of the Year: What Does It Mean for Nigerians

Debt servicing engulfs over 99% of revenue as inflation in Nigeria bites harder in 7 years

Yam, rice, garri prices surge by 200% under Bola Tinubu – NBS

Inflation rate in Nigeria rises for 3rd straight month

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