Tag: Inflation
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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...
May Inflation Report: No relief for Nigerians as prices rise further
Consumer prices rose 22.41% in the year through May, the highest pace in 18 years.
The rise was higher than 22.22% recorded in April, the...
Buhari’s “Grow what you eat or die” comment angers Nigerians
President Muhammadu Buhari faced criticisms on Tuesday for saying his decision to close the borders was a way of telling Nigerians to "grow what...