inflation rate in nigeria

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 of Statistics (NBS) Consumer Price…
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Nigeria’s Annual Inflation Rate Rises to 33.95% in 2024 Nigeria's annual inflation rate surged to 33.95% in May 2024, up from 33.69% in April, according to the National Bureau of Statistics (NBS). This increase represents a…
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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 March 2024, according to the latest data…
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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). This significant increase from…
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Lagos - Nigeria's inflation rate surged to 26.72 percent in September, marking a 0.92 percent increase from the previous month's 25.80 percent, according to the latest Consumer Price Index report from the National Bureau of Statistics. The…
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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 inflation leap recorded throughout the…
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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 N4.23 trillion out of the total revenue…
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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 (CBN) disbursing N1.09 trillion over an eight-year…
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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 the latest inflation report that was released on Saturday.…
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