JUST IN: Again, Inflation Rises To 32.70%
Nigeria’s inflation rate has surged to an alarming 32.70% in September 2024, marking a significant rise from the previous month’s 32.15%, according to data released by the National Bureau of…
JUST IN: Nigeria’s Inflation Hits 33.88% in October, Food, Fuel Prices Soar
Nigeria’s inflation rate surged to 33.88% in October 2024, up from 32.70% in the previous month, according to the latest Consumer Price Index (CPI) and Inflation report by the National…
Presidency Reaffirms Tinubu’s Commitment To Reducing Inflation To 15% By 2025
The presidency has reaffirmed President Bola Tinubu's commitment to reducing Nigeria's inflation to 15% by December 2025. According to the Special Assistant to President Tinubu on Social Media, Dada Olusegun.…
Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand
Nigeria's headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of Statistics (NBS). The increase is attributed to…
BREAKING: Nigeria’s Inflation Rises to 22.79%
According to the National Bureau of Statistics (NBS), inflation in Nigeria rose to 22.79% in June 2023. The NBS report suggests that the 22.79 percent was the sixth consecutive increase…
Top 10 Most Weakest Currencies in The World
The weakest currencies in the world have some surprises listed among them. A robust currency is primarily linked to a steady economy, along with low inflation and interest rates. However,…
Petrol Tanker Drivers To Halt Operations over Inflation
The Nigerian Association of Road Transport Owners (NARTO) has declared its intention to halt operations starting from Monday. Alhaji Yusuf Lawal Othman, the national president of NARTO, issued an official…
More Hardship For Citizens as Nigeria’s Inflation Hits 29.9 Percent
The hardship experienced by citizens is set to hit higher levels as Nigeria's inflation jumped up to 29.9 percent. Daily Report Nigeria reports that the new figure was announced by…
Governors Received N30bn Each to Mitigate Inflation – Akpabio
The Senate President, Godswill Akpabio has stated that an "unverified source" suggested that state governors received N30bn each from the Federation Account. Akpabio made the statement during a plenary session…
2024 Inflation Rate To Decline – World Bank
The World Bank, in its recent announcement on Monday, predicts that Nigeria's inflation rate will decline to 24.8 per cent year-on-year (YoY) in 2024. World Bank's projection follows the Nigerian…