Nigerian inflation rises in May to new 28-year high
A vendor arranges onions for sale at Mile 12 International Market in Lagos, May 13, 2022. (REUTERS/Temilade Adelaja /File Photo) ...
Tag: inflation
Hardship: FCT consumers turn to ‘awara’ as substitute for meat
Awara (Photo courtesy: Cookpad) An ‘awara’ seller in Bwari Area Council, FCT, Mrs Hannatu Musa, says more consumers have turned ...
CBN raises interest rate by 400 basis points to 22.75 %
Dr. Olayemi Michael Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the ...
Nigeria’s inflation rate hits 28.92% in December 2023 – NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 28.92 per cent in December 2023. ...
Inflation: Specific blueprint critical to manufacturing, other performances in 2024
A food processing company Some stakeholders in the manufacturing sector say Nigeria needs a specific blueprint to critically address the ...
Food prices continued to rise in October – NBS
The National Bureau of Statistics (NBS), said that prices of selected food items increased in October. This is according to ...
Zenith Bank chalks up double-digit gross earnings in Q3 2022
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2022, recording a remarkable double-digit ...
Inflation pushes stock market down by N655bn
The market capitalisation of the Nigerian Exchange Ltd (NGX) dropped by N655 billion, following the hike in the nation’s inflation ...
Nigeria’s inflation rate increases to 20.77% in September 2022 – NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 20.77 per cent on a year-on-year basis ...
FG increases allowances for workers as inflation surges
The Federal Government has approved an increase in duty tour allowances (DTAs) for its ministers, permanent secretaries and civil servants ...