Inflation: 49% of Nigerian businesses increased product prices in September- Stanbic PMI
Inflationary pressures continue to hit Nigerian businesses as up to 49% of business in the country reported increasing prices of ...
Tag: Inflation
Nigeria’s historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
Ghana’s Central Bank lowers interest rate by 200 basis points
The Bank of Ghana has cut interest rates by 200 basis points from 29% to 27% as inflation slowed in ...
Top 10 most expensive states to live in Nigeria in August 2024
The headline inflation rate in August 2024 stood at 32.15%, marking a slight decrease of 1.25%-points from 33.40% in July ...
Nigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS
Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a ...
Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju
The Group Managing Director of United African Company (UAC), Fola Aiyesimoju has stated that the company has had to increase ...
Why rising interest rates and business costs will continue – Olufemi Oyinsan, TCVP General Partner
Nigerian businesses are facing unprecedented challenges in maintaining profitability and securing capital due to soaring inflation and escalating interest rates.
Inflation: FCCPC blames ‘market cartels’ for high costs of food in Nigeria
The Federal Competition and Consumer Protection Commission (FCCPC) has said that some traders forming cartels in markets across the country ...
Inside Nigeria tile industry where inflation is giving local tiles an edge
Tile makers are reporting a growing demand for made in Nigeria tiles but there are growing concerns about price over ...
10 most expensive staple foods to buy in Nigeria in July 2024
The cost of living in Nigeria is high but moderating, with July 2024 Consumer Price Index (CPI) data showing a ...
Cost of healthy diet in Nigeria rises to all-time high of N1,265- NBS
The average cost of a healthy diet in Nigeria rose to an all-time high at N1,265 in July 2024 according ...
