inflation rate

Nigeria’s inflation rate accelerates to 13 year high of 9.64% in July

Nigerian Consumer Price Index (CPI), which measures the inflation rate soared to 19.6% in July 2022, the highest since 2009,…

4 years ago

Nigerian equity market reacts to higher inflation rate

Investors in the Nigerian equity market reacted negatively to the news of the country's inflation rate accelerating to an eight-month…

4 years ago

Nigeria’s inflation accelerates to 8 months high

Nigeria’s inflation rate rose at a faster pace to 16.82% in April 2022, underpinned by the hike in the prices…

4 years ago

Nigerian Central Bank leaves interest rate unchanged at 11.5%

The Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 11.5% since the last quarter of 2020…

4 years ago

Nigeria’s inflation rate accelerates to 15.7% by fuel scarcity

Nigeria’s inflation rate rose at a faster pace to 15.7% in February from 15.6% in the previous on the back…

4 years ago

Nigeria’s inflation rate decelerates further to 17.75% in June

Nigeria’s inflation rate decelerated further for the third consecutive time to 17.75% in June 2021 from 17.93% recorded in the…

5 years ago

Economist queries World Bank’s prediction on Nigeria’s inflation rate

An economist, Professor Akpan Ekpo, questioned the World Bank’s prediction that Nigeria‘s inflation rate is expected to reach the fifth…

5 years ago

Nigeria’s inflation rate slows down to 17.93% in May

Nigeria’s inflation rate decelerated further for the second consecutive month to stand at 17.93% in May 2021 from 18.12% recorded…

5 years ago

Financial mistakes you must avoid

The Nigerian economy is growing at a snail pace, having recovered from its second recession in four years in December…

5 years ago

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