inflation

State governors have alleged an inflation by almost 50 per cent in the Nigeria National Petroleum Corporation (NNPC) figures on petrol consumption and demanded a probe of oil subsidy payments from 2015 till date. After a meeting with the Vice-President, Yemi Osinbajo, on Wednesday night, the …...

Dr. Ibe Kachikwu, Minister of State, Petroleum Results were mixed across the financial markets this week. Equities continued their bearish trend, while yields on treasury bills continue to drop in tandem with inflation. Crude oil prices hit a new high. Here is an extensive look into how the...

State governors have alleged an inflation by almost 50 per cent in the Nigeria National Petroleum Corporation (NNPC) figures on petrol consumption and demanded a probe of oil subsidy payments from 2015 till date. After a meeting with the Vice-President, Yemi Osinbajo, on Wednesday night, …...

Nigerian annual inflation rose in January to 18.72 percent from 18.55 percent in December, signifying a continued hike in goods and services. Data released by the National Bureau of Statistics, NBS shows it is the highest inflation point for the country since the index started rising several...

With credit rates at over 65% and inflation at its double figures, income doesn’t complement standard of living and loans have become a nightmare for entrepreneurs. So, the questions we keep piling; what investments yield higher returns? What am I not doing right? Should I change Jobs? How do I...

Nigeria's inflation rate for May rose to 15.6 %, its highest point since February 2010, according to figures released on Tuesday by the National Bureau of Statistics, NBS. The inflation reading was the fourth monthly increase in a row and the NBS said it reflected higher prices for electricity...

As the CBN monetary policy committee meets today and tomorrow, experts say the forex market and inflation would top discussions. The CBN, at the last MPC meeting, hiked bench mark interest rate to 12 from 11 percent, in response to headline inflation put at the time at 11.38 per cent. That...

Nigeria’s yearly inflation rose to 12.8% last month from 11.4% in February, even as growth projections of the economy remain gloomy. According to the National Bureau of Statistics (NBS): “The higher price level was reflected in faster increases across all divisions,” adding that it is expecting...