How inflation, forex crisis may affect consumer goods industry – Report
Persistent inflation and currency issues are expected to have an impact on the fourth-quarter financial results of enterprises operating in the consumer…
Inflation
LCCI predicts reduced inflation in 2024
The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, forecasts that the country’s inflation rate will decrease in 2024. The PUNCH…
Inflation, exchange rate to drop in 2024 – CBN
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has remarked that rising inflation and exchange rates are projected to drop…
Nigeria’s inflation hits 27.33% in October
Nigeria’s headline inflation rate increased to 27.33% in September 2023, up from 26.72% in September 2023. In October 2023, the headline inflation…
Inflation hits 26.72% in September — NBS
The National Bureau of Statistics on Monday announced that inflation surged to 26.72 per cent in September. This is a 0.92 percentage…
Nigeria’s inflation hits 25.80% – NBS
The Consumer Price Index report for August 2023, which was released by the National Bureau of Statistics on Friday,…
How declining businesses affect inflation – Report
The August Stanbic IBTC Purchasing Managers Index survey revealed that the private sector activity decreased halfway through the third quarter of the year…
Nigeria’s inflation hits 24.08% – NBS
The National Bureau of Statistics has revealed that Nigeria’s inflation rate rose to 24.08 per cent in July 2023. This, according…
Inflation: Nigeria doing better than other African countries – CBN
According to the Central Bank of Nigeria, the country’s inflation rate is lower than that of the majority of African countries. This…
Laptop dealers struggle amidst high costs, low demand
Laptop prices have surged due to forex scarcity and high inflation, making it difficult for customers to cope with the increased costs.…
Inflation rate hits 22.79% in June – NBS
The National Bureau of Statistics on Monday disclosed that Nigeria’s inflation rate accelerated for the sixth consecutive time to 22.79 per cent…
Nigeria’s inflation may hit 30%, Bank of America warns
The Bank of America has cautioned that the Central Bank’s Monetary Policy Committee may need to raise interest rates by at least 700 basis…