Inflation rate nudged upwards in December 2021
Inflation Report - December 2021 Headline inflation grew by 15.63% YoY in December 2021; 0.23% higher than 15.40% recorded in ...
Tag: Inflation
Nigeria’s historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
December inflation rate shocks analysts as rate reverses movement
The National Bureau of Statistics released Nigeria’s inflation figures for the month of December 2021 on Monday, which to the ...
Global economists predict stagflation for Nigeria
Global economists have predicted a 12% inflation rate and an 8.2% economic growth rate for Nigeria in 2022, the third ...
Nigerians shy away from consuming spaghetti as price rises to N450 per pack
Nigerians have reduced their interest in the consumption of pasta, popularly known as spaghetti after the price surged by over ...
SBM forecasts 2.5% growth rate for Nigeria in full year 2022
Given the recent growth the Nigerian economy has experienced, it is expected that the growth would fully outperform the World ...
Euro, Bitcoin, Crude Oil, Apple suffer from the strength of U.S dollar, Omicron
Amidst talk of interest rate hikes by central bankers and concerns about the spread of Omicron Covid-19 variant, traders retreated ...
It’s not yet time to buy the dip
For about two years, every time the price of popular cryptocurrencies or stocks has dropped by more than 10% it ...
Nigeria’s inflation rate drops further to 15.4% in November 2021
Nigeria’s inflation rate dropped further in the month of November 2021 to 15.4% from 15.99% recorded in the previous month. ...
World Bank says CBN FX policies discourage foreign investment and fuel inflation
The World Bank has stated that the Central Bank of Nigeria's exchange rate management policies continue to discourage investment and fuel inflation. ...
Relationship between inflation and the unending devaluation of the Naira
Backstory Across every stakeholder spectrum in the Nigerian economy (i.e. investors, consumers, policymakers or economic observers), one persistent recurring topic ...
