Inflation

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...

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...