Tag: Inflation
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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...
Nigeria monthly inflation at 7-year high after fuel subsidy removal
Nigeria recorded its highest monthly inflation rate in seven years in June, after President Bola Tinubu scrapped petrol subsidy and allowed the devaluation of...
Milk 49%, plantain 34%…How Nigeria food prices rose in the last year
Food prices increased in May by 24.82% year-on-year, the sharpest jump in 17 years, as Nigerian households continued to grapple with double digit inflation.
Inflation...
Bank of America sees Nigeria inflation at 30% after subsidy removal
Consumer prices in Nigeria are likely to rise by 30% by the end of the year from 22.4% in May, after petrol prices rose...