Inflation

Punishing cost of living crisis deepens as Nigeria’s inflation rises again

Nigeria’s annual inflation rate rose to 34.8% in December 2024 from 34.6% in November,...

Nigeria’s inflation continues rise in November; at highest since 1996

Inflation in Nigeria surged to 34.60% in November, marking the highest rate since 1996,...

Nigeria’s inflation eases for the first time in 18 months

Nigeria's annual inflation rate eased in July for the first time in 18 months,...

Nigeria’s inflation soars to 33.67%, piling pressure on consumers

Nigeria's inflation rate continued its relentless climb in April 2024, reaching 33.69%, according to...

Nigeria inflation soars again but shows sign of slowdown

Nigeria's inflation rate hit a multi-decade high of 33.20 percent in March when measured...

What CBN’s interest rate hike means for you

The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in...

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...