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.
Nigeria’s historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
Household consumption expenditure of Nigerians rose by 16.59% in Q4 2020 to stand at N13.92 trillion.
A flurry of large corporate debt sales is also underway led by MTN and Dangote Cement which could take out ...
Fare paid by Nigerian commuters increased from an average of N208.89 recorded in February 2020 to N361.3 in February 2021.
https://www.youtube.com/watch?v=kSYl81CP-7Q
https://www.youtube.com/watch?v=1CFVzucSiGw
Amid tepid growth, rising inflation and unemployment, the economy sits in a precarious position that requires urgent and strategic efforts.
The LCCI has urged the FG to intensify efforts toward addressing issues of insecurity, foreign exchange hurdles, and rising inflation.
Nigeria’s inflation rate rose to 16.47% (year-on-year) in January 2021 as against 15.75% recorded in December 2020.
Major food items such as; tomatoes, onions, pepper, potatoes, local and foreign-made rice recorded a decline in their prices.
Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |