FG to rebase inflation, GDP data in 2025 to drive policy accuracy, investment
The federal government is set to rebase the country’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025 ...
Tag: Consumer Price Index
Average cost preparing pot of jollof rice hits N21,579, 31% of minimum wage in September
The average cost of preparing a pot of jollof rice in Nigeria has risen to N21,579, consuming roughly 31% of ...
10 most expensive staple foods to buy in Nigeria in September 2024
Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024 after slowing down for ...
Nigeria’s inflation rate in September rises to 32.70% due to petrol price increases
Nigeria's headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase ...
Food gulps 17% of Nigeria’s dollar spending on imports in Q1 2024
The import of food products gulped about $689.88 million in the first quarter of 2024, which is about 17% of ...
Nigeria’s imported food inflation jumps to 36.38% in June 2024 on weak naira
Nigeria's imported food inflation jumped to 36.38% in June 2024, from 34.83% recorded in the previous month, which represents a ...
Nigeria’s month-on-month headline inflation rises first time since February 2024
Nigeria's month-on-month headline inflation rate has risen for the first time since February 2024, according to the latest Consumer Price ...
Bitcoin price drops from CPI boost as total crypto market cap falls to $2.2 trillion
Bitcoin, the primary crypto asset has lost the momentum it garnered from yesterday’s Consumer Price Index (CPI) numbers which was ...
Top 10 most expensive Nigerian states to live in May 2024
The cost of living in Nigeria continues to rise, with May 2024 Consumer Price Index (CPI) data showing a consistent ...
Nigeria’s inflation rises to 33.95% in May 2024
Nigeria's inflation rate surged to 33.95% in May 2024, up from 33.69% in April 2024, according to the latest Consumer ...
