Food Inflation

“NBS Report: Nigeria’s Inflation Surges to 31.70% in February 2024, Food Prices Soar”

The National Bureau of Statistics (NBS) revealed in its Consumer Price Index (CPI) report for February 2024 that headline inflation surged to 31.70%, up...

House of Reps Summons Cement Manufacturers Over Price Hike

The House of Representatives is taking action on the recent surge in cement prices by summoning top manufacturers, including Aliko Dangote and Rabiu Abdulsamad,...

Nigerians Grumble as Inflation Starts 2024 with a Bang; Hits 29.90%

, Highest in 28 Years In January 2024, Nigeria's inflation surged to 29.90%, marking a 28-year high and continuing its upward trend for the thirteenth...

Nigeria’s inflation rate increases to 29.9% as food prices rise

February 15, 2024. Azonuchechi Chukwu. The National Bureau of Statistics (NBS) said today that the headline inflation rate increased year-on-year (YoY) by 0.98 percentage points to...

Nigeria central bank targets 21% inflation, seeks to support naira

"Nigeria's Central Bank Strategizes to Tackle Soaring Inflation and Currency Challenges" ABUJA, Jan 24 - Governor Olayemi Cardoso of the Central Bank of Nigeria...

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