All posts tagged "Inflation"

Nigerians spent N13.9 trillion on household consumption in Q4 2020, an increase of 16.6%

Household consumption expenditure of Nigerians rose by 16.59% in Q4 2020 to stand at N13.92 trillion.

With rising bond yields and foreign reserves, will the CBN finally tackle inflation?

A flurry of large corporate debt sales is also underway led by MTN and Dangote Cement which could take out NGN200billion.

Bus fare in Nigeria surges by 78% YoY in February 2021

Fare paid by Nigerian commuters increased from an average of N208.89 recorded in February 2020 to N361.3 in February 2021.

Has the CBN given up on controlling inflation rate? #EMM

Navigating Nigeria’s double whammy of high unemployment and inflation I EMM

Nigeria’s inflation at a four-year peak

Amid tepid growth, rising inflation and unemployment, the economy sits in a precarious position that requires urgent and strategic efforts.

LCCI calls on FG to address insecurity, FX challenges, rising inflation

The LCCI has urged the FG to intensify efforts toward addressing issues of insecurity, foreign exchange hurdles, and rising inflation.

Nigeria’s inflation hits 16.47% as food prices soar to record high

Nigeria’s inflation rate rose to 16.47% (year-on-year) in January 2021 as against 15.75% recorded in December 2020.

Prices of major food items crash further as local and foreign rice continues to ease off

Major food items such as; tomatoes, onions, pepper, potatoes, local and foreign-made rice recorded a decline in their prices.

Nigeria´s rising debt, rising inflation and more | Economic Roundup