Inflation

CBN expected to raise interest rate further as naira strengthens

The Central Bank of Nigeria will announce its latest interest rate decision today, a...

Nigeria inflation crosses 30% mark — highest in 28 years

Consumer prices rose 31.7 percent in the year through February, an uptick in the...

Rice soars to N90,000 as Nigeria’s punishing inflation continues

Foodstuff traders in Lagos state have decried the volatility of prices as well as...

Plantain 130%, rice 99%…How Nigeria food prices rose in last year

Food prices increased in January by 35.4 percent in the last one year, the...

Nigeria inflation isn’t cooling; at nearly 30% in January

Nigeria consumer prices rose further in January to nearly 30% as inflation shows no...

Central Bank of Nigeria reveals its inflation target figure

In his first public address on the economy since November, Central Bank of Nigeria...

Nigeria’s inflation surges to 27-year high

Nigeria's inflation crisis reached a fever pitch in December 2023, soaring to a staggering...

Nigeria inflation soars again – driving more people into poverty

Nigeria's inflation rate soared for the 10th straight month to an 18-year high in...

Nigeria inflation at 26.7% in September – fastest in 20 years

The National Bureau of Statistics says Nigeria’s headline inflation rate increased to 26.72 percent...

Nigeria annual inflation jump biggest in 7 years after subsidy removal

Nigeria’s inflation rose to its highest level in at least 18 years in July,...