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6 stories tagged inflation.
The Central Bank of Nigeria (CBN) has underscored that the nation's inflation rate stands as a positive outlier compared to many African countries. The revelation came from the Acting Governor of the CBN, Folashodun…
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.41 percent in May 2023, up from 22.22 percent in the previous month. The country’s May inflation data is…
Inflation in Nigeria has continued to surge for the fourth consecutive month, reaching a rate of 22.22% in April, compared to 22.04% in March. These figures were disclosed in the Consumer Price Index report released on…
A political economist, Pat Utomi, says the 2023 budget will cause severe inflation and job losses nationwide. Utomi warned that if caution is not exercised, the currency rate might exceed $1 to N1000, and inflation…
Nigeria’s inflation rate has risen to 21.09% in October 2022, up from 20.77% in September. This is coming as food inflation in October 2022 increased to 23.72% from 18.34% in the corresponding Month last year. The…
Faced with record inflation of 37% in the country, several Ghanaians marched through Ghana’s capital, Accra, on Saturday, calling for the resignation of its President, Nana Akufo-Addo.ORO According to Reuters, the…
