Cereals

JUST IN: Again, Nigeria’s Inflation Rate Rises, Jumps To 25.80% As Food Prices Soar

Sep 15, 2023. by Philip Ibitoye

Eko Hot Blog reports that Nigeria’s inflation rate increased to 25.80% in August 2023 relative to the July 2023 headline inflation rate which was 24.08%. The August 2023 headline inflation rate shows an increase of 1.72% points when compared to the July 2023 headline inflation rate. EDITOR’S PICKS Here Are Alternative Routes As Third Mainland … Read more

Nigeria’s Inflation Rate Rises To 22.04% As Food Prices Soar

Apr 15, 2023. by Philip Ibitoye

The NBS has released the CPI and Inflation Report for March 2023. The CPI measures the average change over time in the prices of goods and services consumed by people for day-to-day living. The February headline inflation rate was 21.91%. Eko Hot Blog reports that Nigeria’s headline inflation rate rose to 22.04% in March 2023. … Read more