Tag: Inflation
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Understanding Inflation: Causes and Effects
Inflation, the sustained increase in the general price level of goods and services in an economy over a period of time, is a phenomenon...
Best Financial Decisions to Make in the Face of Inflation and Naira Devaluation
In the face of Nigeria's growing inflation rate and naira devaluation following the fuel subsidy removal, here are some steps you can take to...
Inflation Soars as Money Supply Surges 50% in a Year
The money supply increased by an astounding 50% last year, or N25.6 trillion, to reach an all-time high of N78.74 trillion.
The Central Bank of...
Nigeria Records 0.54 Drop in Food Inflation- NBS
The National Bureau of Statistics has reported that food inflation has decreased by 0.54 percent in October.
Reports have that registering at 1.91 percent in...
Breaking: Inflation rate rises again
The Nigerian bureau of Statistics has disclosed that the Nigeria inflation rate has risen to 27. 33 percent in October. . According to the...
