inflation

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Nigeria’s food inflation under pressure as Russia suspends Ukrainian grains deal

Russia announced yesterday that it had suspended a humanitarian corridor that supplies major Ukrainian grains to global markets hours before…

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Nigeria’s Inflation hits 22.79% in June, food prices surge further

Nigeria’s inflation rate jumped by 0.38 to 22.79% in June from 22.41% the previous month, according to data released on…

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Inflation: Adopt innovative policies to boost domestic production, experts task FG 

Inflation: Adopt innovative policies to boost domestic production, experts task FG Some economists have urged the Federal Government to adopt…

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Nigeria’s inflation rate still high, gallops to 22.41% in May 2023

Nigeria’s inflation rate elevated further in May 2023, rising to 22.41 per cent from 22.22 per cent recorded in the…

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Presidency faults inflation report on Buhari, says taming inflation remains high priority

By Cross Udo, Abuja The Presidency has criticised a news report published by a local newspaper in the country which…

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Rise in food prices push Nigeria’s inflation up by 22.22% in April 2023

The rise in the prices of food items has pushed Nigeria’s inflation rate up by 22.22 per cent in April…

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Nigeria’s rising inflation consistent with global trend – Emefiele

Mr. Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) on Friday said the steady increase in headline inflation from 15.60…

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Inflation: Local rice reaches record high N37, 000 per bag

As the yuletide season approaches, the price of rice in Nigeria has risen to a record high of N37,000 per…

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MPC increased rates as measure to control inflation- CBN

The Central Bank of Nigeria (CBN) says its Monetary Policy Committe (MPC) decision to increase Monetary Policy Rate (MPR) is…

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World Bank warns of rising global recession risk

As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward…

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