The National Bureau of Statistics (NBS) reported Monday that Nigeria's annual inflation rate rose to 33.20% in March from 31.70% in February.According to the statistics office, the headline inflation ...
In Q4 2023, it was gathered that Nigeria's public debt stock rose from N87.38 trillion (US$113.42 billion) in Q3 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter.The National Bur...
According to the National Bureau of Statistics (NBS) recent report for February 2024, the cost of bread, yam, white garri, beans, onions, beef, and other food items increased.It said this was in its S...
On Thursday, the National Bureau of Statistics (NBS) reported that the nation's annual inflation rate increased to 29.90% in January from the corresponding year, which finished at 28.92% in December 2...
The Nigerian Bureau of Statistics (NBS) has revealed that inflation for November surged to 28.20% from 27.33% recorded in October, underscoring the rising cost of living in the country.This was reveal...
To address inflation in the country, many companies increased their employees' salaries by 18.35% to N29.45 trillion in Q2 2023.This was derived from the National Bureau of Statistics ‘Nigerian Gros...
Nigeria's inflation rate has been on a steady rise for months now, and the record for October reported by the National Bureau of Statistics (NBS) on Wednesday says that the country's inflation hits 27...
The Nigerian Central bank reported in April that the interest rate is 16.82 percent, however, we believe that it is much higher than that since the buying power of the Naira has reduced drastically wh...
Jack Dorsey, the founder of Twitter and payment technology company Square, has stated that the effects of the US dollar inflation is being negatively felt by Nigeria and other developing countries...