Tag: Inflation
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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...
Kerosene and Cooking Gas Prices Increased by 2.09% and 1.81%, Respectively
For Nigerian households, there is still no relief as the cost of kerosene and cooking
gas increased by 2.09 and 1.81 percent in September, respectively.
In...
LCCI Concerned About How Rising Inflation Affects Production
The ongoing increase in inflation (year over year) and its effects on consumer spending and manufacturing in the nation have deeply alarmed the Lagos...
