On food inflation, NBS said: “The Food inflation rate in September 2023 was 30.64% on a year-on-year basis, which was 7.30 percentage points higher compared to...
Victor Chiazor, analyst and Head of Research and Investment at FSL Securities Limited, said: “The report by IMF reviewing Nigeria’s GDP growth rate down to 2.9%...
On food inflation, the bureau said:”The Food inflation rate in August 2023 was 29.34% on a YoY basis, which was 6.22% points higher compared to the...
The National Bureau of Statistics, NBS said the headline inflation rate rose year-on-year (YoY) by 1.29 percentage points to 24.08 percent in July, from 22.79 percent...
On food inflation, it said;”The food inflation rate in June 2023 was 25.25 per cent on a YoY basis; this was 4.65 percentage points higher relative...
According to the World Bank, the country had one of the highest inflation rates globally in 2022. In 2022, it predicted that Nigeria was going to...
During the past three years, Nigerian producers—of which more than 3,000 are registered with the manufacturers union—have fought to survive. In the first quarter of 2023,...
October was the last strong retail sales month of 2022, as discounting and slowing inflation prompted consumers to shop more then, said Kayla Bruun, economic analyst...
“We believe that a moderate uptick in the headline numbers will skew the voting pattern of the committee members in favour of maintaining a tightening stance...
Tackling the CBN on the multiple exchange rate system, he also warned that Nigeria might end up like Sri Lanka if the Federal Government failed to...