Tag: Inflation
Nigeria’s inflation rate rises to 33.8% as surge in food prices...
The National Bureau of Statistics says Nigeria’s inflation rate was 33.88 percent in October — up from 32.7 percent in September.
The data is captured...
US Consumer Price Index: Inflation cools to 2.4% in September
Inflation cooled for a sixth straight month in September, dropping to its lowest level since February 2021.
According to the Bureau of Labour Statistics, the...
FG sets up committee on food security, inflation
The Federal Government has set up the Agriculture and Water Resources Joint Action Committee to harness the resources of both ministries in addressing the...
‘Inflation, naira devaluation’: Lafarge records 4.7% loss in 2023
Lafarge Africa Plc says its Profit After Tax (PAT) for the 2023 financial year declined by 4.7 per cent.
The Chief Executive Officer of Lafarge...
NACCIMA writes CBN, proffers solutions to naira depreciation, inflation
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has proffered short, medium, and long-term strategies to address naira depreciation, inflation...
Abiodun earmarks N5bn intervention fund to tackle rising cost of food,...
Ogun State Governor, Prince Dapo Abiodun has announced a N5 billion intervention fund to cushion the affect of rising cost of living and inflation...
Inflation will decline to 21% in 2024, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92 per cent to 21.4...
World Bank says inflation will push 2.8 million Nigerians into poverty
Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has...
Obaseki decries inflation, dollarisation of economy
Edo State Governor Godwin Obaseki has decried the surge in inflation and dollarisation of the economy.
He spoke in a keynote address at the Delta...
Just in: Nigeria’s inflation rate rises to 27.3%
Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, rose to 27.33 per cent in October 2023.
The...
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