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Inflation Skyrockets, Hitting 13.22% in August Says NBS

On Tuesday, September 15, 2020, the National Bureau of Statistics(NBS) reported that the annual inflation rate in Nigeria stood at 13.22per cent in August...

BREAKING NEWS: Increase in Prices of Food Stuffs Drive Inflation Rate...

The National Bureau of Statistics (NBS) has said Consumer Price Index, (CPI) which measures inflation increased by 12.40 per cent (year-on-year) in May 2020. According...

Kenyan Inflation Hits Three-month High in July

Kenya’s year-on-year inflation rose to 6.27% in July from 5.70% the previous month, touching its highest level in three months, the statistics office said...

Nigeria Inflation Falls in January as Election Nears

Annual inflation in Nigeria fell to 11.37 percent in January, down from the seven-month high it reached in December, data showed on Friday, a...

Economic Experts Want CBN to Reduce MPR at Monday’s MPC Meeting

By Akin Akinremi The Central Bank of Nigeria’s Monetary Policy Committee should reduce the MPR at their meeting, which will commence from Monday next week....

Nigeria’s Inflation Hits 16.5% in June, Says NBS

The National Bureau of Statistics said on Monday that the Consumer Price Index increased to 16.5 per cent in June from 15.6 per cent in...
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