Inflation

‎Nigeria's inflation rate rose to 13.22 per cent in August, according to latest figures released by the National Bureau of Statistics on Tuesday. The inflation rate for August was the biggest increase so far this year. Also, the ‎13.22…

The Central Bank of Nigeria (CBN) has lamented that the country’s inflation rate which stood at 12.82 per cent in July may rise up to 14.15 per cent by the end of December 2020. The development is coming as the federal government’s…

Irked by the country’s rising inflation rate currently at 12.82 per cent, experts have urged the Central Bank of Nigeria (CBN) to quickly stabilise exchange rate at the parallel market and Bureau De Change by ensuring foreign exchange…

The National Bureau of Statistics (NBS) says the country’s rate of inflation rose to 12.82 per cent in the month of July 2020, the highest ever recorded for the past 27 months. Inflation is measured by the country’s Consumer Price Index,…