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    Inflation

    September Inflation Rate Eases to 16.63% on Lower Food Inflation…

    September inflation report by NBS showed sustained ease in headline inflation, the sixth consecutive disinflation, to 16.63% in September (from 17.01% recorded in August)....

    Nigeria’s Inflation Rate Plunge Further To 16.63% In September – NBS Report

    The Consumer Price Index, (CPI) which measures inflation increased by 16.63 per cent (year-on-year) in September 2021. This is 0.38 per cent points lower than...

    Analysts Project September Inflation Rise to 17.2%

    Our recent survey of the Lagos commodity markets and our time series model shows that headline inflation in Nigeria is likely to reverse its...

    Diesel price jumps to N320/litre, job losses loom

    Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the further rise in global...

    Ado Ekiti residents decry hike in price of cooking gas

    By Opeyemi Aremu-Gbemiro Ado Ekiti, Oct. 1, 2021 (NAN) Residents of Ado Ekiti, on Friday, decried the recent hike in the price of cooking gas,...

    Inflation Sustains Year-on-Year Decline, Amid Base Effect

    Official data released by the National Bureau of Statistics (NBS) this week indicated that Nigeria’s Headline inflation rate, the measure of the average change...

    Analysts expect inflation reverse upwards in ember months on Naira woes, electricity tariffs hikes…

    Analysts expect inflation rate to reverse upwards in the coming months amid volatiile exchange rate, increase in electricity tariff and rising cost of fund. Despite...

    Analysts expect Nigeria’s headline inflation to moderate further to 16.8% in August from 17.38% in July

    Nigeria's headline inflation is projected to moderate further to 16.8% in August from 17.38% in July. If this projection materializes, it will be the...

    Consumers lament as Beans, Garri, Tomatoes Rise

    The average price of a kilogram (Kg) of rice (imported high quality sold loose) reduced from N557.98 in June to N552.80 in July 2021,...

    Nigeria’s inflation eases for 4th straight month in July as core inflation, excluding farm produce prices up 63 basis point to 13.72%

    Aug 17 - Nigeria's annual inflation dipped for the fourth straight month in July to 17.38% thanks to a slow-down in food price...

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