Nigeria’s Inflation Hits 34.80% triggers fear of hardship
The Organised Private Sector (OPS) has raised alarms over Nigeria’s inflation rate, which climbed to 34.80% in December 2024, as reported by the National Bureau of Statistics (NBS). This marks a slight rise from November’s 34.60%, attributed to festive season demand for goods and services. The year-on-year inflation showed a significant increase of 5.87 percentage […]
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 […]
NBS-Nigeria’s inflation rate rose to 33.69%
The National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released yesterday shows Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. A cursory look at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the […]
