Tag
INFLATION
Nigeria's historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
Total dependence on oil makes Nigeria continuously vulnerable to economic shocks, so diversification is a logical step to paring reliance on oil.
Nigerian politicians need to begin to run issue-based campaigns that centre on key indicators such as FX policies, subsidies, employment, inflation, electricity among others.
Kalu Aja has insisted that inflation is the biggest enemy to investing because it steals your money and you can’t hide your money from it.
Nigeria’s inflation rate changed direction in February as it rose 15.7% from 15.6% recorded in the previous month.
Recent developments in the month of February seem to suggest a northward movement of Nigeria's inflation rate.
Despite the distance of Nigeria from the warzone, Nigeria is not immune from the effect of the war, owing to the influence of Russia in world economy,
Following these simple rules would help you combat inflation without necessarily increasing wages.
As things stand, the core inflation rate stands to increase significantly in the short term if the crisis persists.
Though food prices have been on the rise globally, the factors behind the country’s increasing food prices are peculiar.
British consumer prices grew at their highest annual rate in over 30 years, hitting 5.5%.
The CPPE has made recommendations to curb Nigeria’s high inflationary pressures, which continues to be a major worry to stakeholders.
The Statistician-General of the Federation, Mr Simon Harry, has said that the current fuel scarcity across the country is likely to affect inflation rate.