Tag: Inflation
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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...
CBN fuelling the same inflation it is fighting
The Central Bank of Nigeria’s financing of the federal government’s budget deficit and record high credit to the economy have limited the effectiveness of...
More hardship for Nigeria’s poor as inflation jumps again
The cost of living in Nigeria continued to increase in March, with inflation reaching its highest level in over a decade, largely due to...
IMF says Nigeria inflation figures have for years been wrong
Nigeria has been using outdated figures to calculate consumer price indices for years, meaning its inflation numbers for years have likely been misleading.
- A...