Tough days await Nigerians as inflation passes 31%
Tough days await Nigerians as consumer prices continue to rise across the West African country. Nigeria's February Consumer Price Index...
Search Results for: Inflation
Price of sachet water soars to 500 naira amid inflation woes
Across many parts of Nigeria, the cost of a bag of sachet water has skyrocketed to 500 naira, leaving citizens...
‘Spiralling inflation has made survival a herculean task for many families,’ says labour leader
The Bayelsa State Council of the Nigeria Labour Congress (NLC), Barnabas Simon, says the spiralling inflation in Nigeria has made...
Inflation: CBN reviews FX rates for customs duty on importation
The Central Bank of Nigeria has reviewed the formula for fixing foreign exchange rates for customs duty on importation. The...
Alcohol dealers lament low patronage, rising prices as inflation nears 30%
Some wholesalers and retailers of liquor and beverages have decried low levels of patronage of their products amid soaring costs,...
Nigeria’s inflation nears 30% as prices of food continue steady rise
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 29.90 per cent in January 2024 from...
Minister faults inflation, high interest rates as UK economy plunges into recession
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party...
Inflation: Opposition lawmaker asks Tinubu for urgent policy redress
Ned Nwoko (PDP-Delta) has called for an urgent policy review, given the surge in the inflation rate. Mr Nwoko made...
Prices of food remain high as inflation rattles Nigerian households
Prices of staple foods continue to rise as Nigeria struggles with its worst economic realities in many decades. In a...
World Bank says inflation in global food prices remains worrisome
The World Bank says inflation in food prices remains high globally. The World Bank declared in its latest Food Security...
