By Seun Ibiyemi According to the recent inflation report by the National Bureau of Statistics (NBS), Nigeria’s inflation rate has continued to drop further in the month of November 2021 to 15.4% from 15.99% recorded in October month. According to…
The Consumer Price Index which measures inflation increased by 17.38% (year-on-year) in July 2021. This is 0.37% lower than the rate recorded in June 2021 (17.75%). The National Bureau of Statistics disclosed this in its Consumer Price Index report for…
By Kayode Tokede A finance expert, Prof. Uche Uwaleke has welcomed the further drop in Nigeria’s inflation rate, saying the development will further boost investor confidence. According to him, “It is cheering to note that headline inflation dropped again in…
By Kayode Tokede Analysts at InvestmentOne Research have projected inflation rate to around 17per cent from 15per cent in 2021, higher than the average of 13.20per cent in 2020. Recently, the National Bureau of Statistics released the inflation figure for…
The National Bureau of Statistics (NBS), says the inflation rate increased in February by 0.86 per cent to 17.33 per cent from 16.47 per cent recorded in January. The NBS said this in its Consumer Price Index (CPI) report for…
