Nigeria’s consumer price index (CPI), which measures inflation or the rate of change in prices of goods and services, increased to 21.91 percent in February 2023,...
The Parthian Group has forecasted that more loans are likely to go bad this year due to the underperformance of the country’s economy and the accelerating...
Nigeria‘s headline inflation has soared to 20.77 per cent from the 20.52 per cent recorded in August, the highest in 17 years, according to the Consumer...
The Central Bank of Nigeria (CBN) has explained that its Monetary Policy Committee (MPC) decision to increase Monetary Policy Rate (MPR) is to tame rising inflation....
Coronation Merchant Bank has projected a rise in Nigeria’s Consumer Price Index (CPI) to 22. 2 per cent on a year-on-year basis. Ms Chinwe Egwim, the...
Nigeria’s inflation rate rose at a faster pace to 16.82% in April 2022, underpinned by the hike in the prices of energy and food prices. April...
Nigeria’s inflation rate rose at a faster pace to 15.7% in February from 15.6% in the previous on the back of fuel scarcity which the country...
The Federation’s Statistician-General, Mr Simon Harry, says processes are underway to reshuffle the nation’s Consumer Price Index (CPI), which measures the 2022 rate of inflation. He...
Bread and cereals, meat, fish and other foods propelled the increase in food inflation in December 2021 to 17.37 per cent, while headline inflation rose to...
High energy prices forced the eurozone’s annual inflation rates to their highest level last month, the Eurostat agency said on Friday. Officials and economists expect the...
