Tag: Inflation
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Nigeria’s inflation surges to 27-year high
Nigeria's inflation crisis reached a fever pitch in December 2023, soaring to a staggering 28.9%, the highest level in 27 years.
This surge, revealed by...
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 October, driven by weaker naira, low food production and the...
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 in September, the highest in 20 years.
The NBS disclosed this...
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, two months after the government scrapped fuel subsidy.
Inflation is the...
Global food prices rise the first time in four months
Global prices for food commodities like rice and vegetable oil have risen for the first time in four months.
It comes after Russia pulled out...