Tag: Inflation
Nigeria’s inflation rate hits 33.20%
The National Bureau of Statistics (NBS) has declared that Nigeria’s inflation rate rose to 33.20 per cent in Mach 2024.
The NBS said the inflation...
IMF: Inflation’ll drop in 2024
The International Monetary Fund (IMF) has projected a further drop in inflation rate in the year 2024.
IMF said inflation is easing faster than expected...
Tinubu to Nigerians: Economy looking better, my govt’ll tame inflation
President Bola Tinubu has assured Nigerians of his government’s commitment to tackle inflation in the country.
Tinubu, who said the Nigerian economy has improved, noted...
Nigeria’s inflation rate hits 31.70%
The National Bureau of Statistics (NBS) has declared that Nigeria’s headline inflation rate increased to 31.70 per cent in February 2024.
The NBS said this...
‘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...
Inflation: CBN raises PVS limit to 15%
The Central Bank of Nigeria (CBN) has increased the Price Verification System (PVS) from 2.5 per cent to 15 per cent.
The CBN, in a...
Breaking: Nigeria’s inflation rate hits 29.9%
The National Bureau of Statistics (NBS) has declared that Nigeria’s inflation rate rose to 29.9 per cent in January 2024.
The NBS said the Consumer...
Global food prices inflation remains high – World Bank
The World Bank has said that the inflation in food prices remains high globally.
The World Bank declared in its latest Food Security Update report...
Nigeria’s inflation rate hits 28.92%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 28.92 per cent in December 2023.
The NBS disclosed this in its...
