Separate ONS data on Friday showed that Britain’s exports to the United States rose by £0.3 billion ($0.4 billion) in May, following a record drop in...
The easing of both headline and food inflation is seen as a positive development for consumers, although economic analysts have called for sustained policy measures to...
Surprisingly, most of the big banks are recording rising cost of funds amidst rising profits from the high interest rate regime. At the center of the...
Nigeria's inflation is no longer a statistic, it is a sentence. A bag of rice now competes with monthly salaries. Tomatoes and onions, once humble ingredients,...
True and lasting relief from inflation will require bold economic diversification. Agriculture, in particular, holds immense potential not only to reduce food imports but also to...
“Tariff rates have remained unchanged despite mounting pressures from inflation, exchange rate fluctuations, and the significant investments needed to meet rising consumer demand.
“This was due to December festive period increases in demand for goods and services. “On a year-on-year basis, the Headline inflation rate was 5.87% higher than...
The 2025 Appropriation Bill, which has scaled second reading at the National Assembly, outlines an ambitious vision for Nigeria’s development. Critical to its success are inflation...
As we look to the future, the NBS's continuous monitoring of this crisis stands as a stark reminder of the urgent need for intervention. While the...
Meanwhile, on state by state basis, all items inflation rate in August on a year-on-year basis was highest in Bauchi (46.46%), Kebbi (37.51%) and Jigawa (37.43%),...