LCCI Warns Insecurity, Global Crises May Drive Up Food Prices
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Nigerian government to stay focused on addressing the structural causes of inflation, despite the slight decline in the nation’s inflation rate. Reacting to the May 2025 inflation figure of 22.97%, down from 23.71% in April, LCCI Director-General Dr Chinyere Almona described the drop […]
BREAKING: Nigeria’s Inflation Rises to 32.70% in September, Food Prices Surge
Nigeria’s headline inflation rate rose to 32.70% in September 2024, following two consecutive months of decline in July and August, according to the latest Consumer Price Index report from the National Bureau of Statistics. This marks a 0.55% increase from August’s figure of 32.15%, signaling persistent price pressures across the country. Year-on-year, inflation surged by […]
