The Consumer Price Index, which measures the rate of change in prices of goods and services, dropped to 17.93 per cent in May from 18.12 in...
Nigeria’s inflation rate dropped to 18.12 per cent in April this year from 18.17 per cent recorded in March, the first decline in headline inflation in...
Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will today begin their two-day meeting in Abuja amid concerns of rising inflationary pressure...
Inflation rate in Nigeria has risen to 17.33 per cent, the highest in four years, according to the latest statistics on the issue from the National...
The Federal Government plans to reduce the import duties and levies being paid on buses, tractors and other vehicles used for mass transit as a way...
By AbdulAzeez Dare The National Bureau of Statistics (NBS) has released the consumer price index for October 2020 and it puts the inflation rate at 14.23...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the inflation rate in Nigeria is largely driven by the cost of transportation....
There are fears that the Nigerians’ living conditions may not fare better in the coming months following the continued rise in inflation rate. The inflation rate...