Breaking News

Tag Archives: Nigeria inflation rate

Nigeria’s Inflation Hits 15.75%, Highest in 3 Years

The National Bureau of Statistics (NBS) at the weekend said the nation’s inflation rate had risen from 14.89 per cent in November, 2020 to 15.75 per cent in December. The new rate contained in the data titled “Consumer Price Index December 2020” and posted on NBS’ website represents the highest …

Read More »

Nigeria’s Inflation Rises to 14.23% in – NBS

The National Bureau of Statistics, NBS, Consumer Price Index, CPI, says inflation has risen by 0.52 per cent to 14.23 per cent in October. The NBS report, which was released in Abuja on Monday, said that the CPI, which measures inflation, was higher than 13.71 per cent recorded in September. The …

Read More »

Nigeria’s Inflation Rate Hits 12.8% in July

Nigeria’s consumer price index (CPI) which measues inflation rate rose further to 12.82 per cent in July, representing 0.26 per cent increase from (12.56) percent recorded in June, 2020. According to the National Bureau of Statistics (NBS) on Monday, the latest CPI data is the highest in 27 months, as food prices …

Read More »