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Tag: Inflation rate

Nigeria’s inflation rate hits 22.04% for March 2023
Business & Economy

Nigeria’s inflation rate hits 22.04% for March 2023

Nigeria’s inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%. According to the National ...
By Uchechi OjoApril 15, 20230
BREAKING: Nigeria’s inflation rises to 21.82% as naira scarcity bites harder
Business & Economy

BREAKING: Nigeria’s inflation rises to 21.82% as naira scarcity bites harder

Nigeria’s inflation again rose to a record high of 21.82% in January from 21.34 percent in December. This is according to the recent ...
By Uchechi OjoFebruary 15, 20230
Nigeria’s inflation hits 20.77 percent, highest since 2005
Business & Economy

Nigeria’s inflation hits 20.77 percent, highest since 2005

Nigeria’s inflation rate has surged for eight consecutive months, hitting a fresh 17-year-high amid rising food and energy costs, and the continued depreciation ...
By Uchechi OjoOctober 18, 20220
Nigeria’s inflation rate hits 22.04% for March 2023
Business & Economy

Inflation rate rises to 20.52% in August

Nigeria’s inflation rate rose by 0.92 basis points to 20.52 percent in August from 19.6 percent in July. This represents the seventh consecutive ...
By Uchechi OjoSeptember 15, 20220
Nigeria’s inflation rate surges to 19.64%
Business & Economy

Nigeria’s inflation rate surges to 19.64%

The country’s Consumer Price Index (CPI), which measures the level of price change in goods and services, hit 19.64 percent in July 2022 ...
By Uchechi OjoAugust 15, 20220
Nigeria’s inflation rate hits 22.04% for March 2023
Business & Economy

Nigeria’s inflation rate hits five-year high at 18.60%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, hit a five-year record high leapfrogging ...
By Uchechi OjoJuly 15, 20220
Nigeria’s Inflation Rate Hits 17.33%, Highest In Four Years
Business & Economy

Nigeria’s inflation rate hits 17.33%, highest in four years

Nigeria’s inflation rate rose to 17.33% in February from 16.47% recorded in January. This is the highest point since April 2017. According to ...
By Uchechi OjoMarch 16, 20210
BREAKING: Nigeria’s inflation climbs to 15.75%
Breaking News

BREAKING: Nigeria’s inflation climbs to 15.75%

The consumer price index, (CPI), on Thursday recorded 15.75 percent increase (year-on-year) in December 2020. In its monthly report released on Friday, January ...
By Uchechi OjoJanuary 15, 20210
BREAKING: Nigeria’s inflation rate hits 14.89% in November as food prices increase -NBS
Business & Economy

BREAKING: Nigeria’s inflation rate hits 14.89% in November as food prices increase -NBS

The National Bureau of Statistics, NBS, in it’s Consumer Price Index November 2020 report which was released on Tuesday, December 15, 2020, disclosed ...
By Uchechi OjoDecember 15, 20200
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