inflation rate

The latest report by the National Bureau of Statistics (NBS) has shown that high cost of food items and fuel increased Nigeria’s inflation rate in May 2022, putting it at 17.7 percent. The agency stated this in its report on Nigeria’s…

Latest report by the National Bureau of Statistics (NBS) has revealed an uptick in Nigeria ’s inflation rate, rising from 15.6% to 15.7% in February, thus representing a 0.1% point increase compared to the rate recorded in January 2022.…

The latest report by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rate dropped further to 17.75% in the month of June 2021 from 17.93% recorded in the previous month (May 2021). This represents the third…

The latest report by the National Bureau of Statistics (NBS) has shown that the consumer price index (CPI), which measures inflation, increased by 18.17 percent (year-on-year) in March 2021. This is 0.82 percent points higher than the rate…

Nigeria’s inflation rate rose to 17.33% in February 2021, from 16.47% recorded in the previous month. This represents the highest inflation rate recorded in four years. This is according to the latest inflation report published by the…