Nigeria’s Economy: Surge in Inflation Rate to 33.2% in March 2024
In a recent update on Nigeria’s economic outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., the […]
inflation
March 2024 Inflation Report: Nigeria’s Headline Inflation Rate Jumps to 33.20%
Nigeria’s Inflation Rate Climbs to 33.20% in March 2024 The National Bureau of Statistics has recently revealed that Nigeria’s headline
NBS Inflation Report: February Figures Rise to 31.70%, Food Inflation Soars to 37.92%
The National Bureau of Statistics is gearing up to reveal the latest inflation data on Monday, March 15, 2024. This
Nigeria’s Inflation Rate to Rise to 32.65% in March 2024, CAPE Economic Research Report
Nigeria’s Inflation Rate Set to Rise in March 2024 As Nigeria braces for the release of its inflation rate for
Fuel Subsidy Removal, Not Money Supply Surge, Drives Nigeria’s Soaring Inflation
A recent study has revealed that the removal of fuel subsidies, rather than the increase in money supply, is the
Accelerating Inflation in Nigeria Linked to Excess Cash Circulation
Members of the Monetary Policy Committee of the Central Bank of Nigeria have identified excess cash in circulation as the
Rising Food Prices in Nigeria: Traders Struggle Amid Hyperinflation Crisis
Traders around Nigeria are facing a dire situation as the prices of essential commodities continue to skyrocket, plunging citizens into
Inflation hits 31.70% in February, says NBS
March 15, 2024 The National Bureau of Statistics (NBS) on Friday, March 15, said inflation rate soared from the 29.90%
Nigeria’s Food Inflation Jumps to 37.92% in February Amid Economic Hardship
In February, Nigeria saw a significant increase in food inflation, reaching 37.92% compared to 35.41% in January 2024, reflecting the
N22tn printed by Nigeria’s Central Bank under Buhari responsible for inflation – Says Minister of Finance Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of Economy, Wale Edun said N22.7tn printed by the Central Bank of Nigeria
Central Bank of Nigeria Governor Olayemi Cardoso’s Economic Reforms
Since taking office in October 2023, Central Bank of Nigeria Governor, Olayemi Cardoso, has been implementing various reforms to stabilize