Sunday, July 5, 2026

Consumer Price Index (CPI)

July 17, 2023

Nigeria’s inflation rate hit 22.79% in June: NBS

On a year-on-year basis, the headline inflation rate in June was 4.19 per cent higher than the rate recorded in June 2022 at 18.6 per cent.

Inflation in Nigeria
June 21, 2023

FG increases Tinubu’s monthly salary to N8.1 million; VP, lawmakers, judicial officers get 114% salary bumps

The chairman said the commission reviewed the remuneration packages in the reports based on subjective and objective criteria.

President Bola Tinubu
January 16, 2023

Nigeria’s inflation drops first time in 11 months to 21.34%

According to NBS, food inflation decreased from the previous month’s 24.13 per cent to 23.75 per cent in the month under review.

Inflation graph
November 15, 2022

Nigeria’s inflation rises further to 21.09% in October 2022

The new figure is an increase from the 20.77 per cent figure recorded in September.

Inflation in Nigeria
October 19, 2022

Soaring food prices pushed UK inflation back to 40-year high: Report 

The biggest jump in food prices since 1980 pushed British inflation back into double digits last month, matching a 40-year high hit in July in a new blow for households.

October 17, 2022

Nigeria’s inflation surges higher at 20.77% in September

The increase was 4.14 per cent points higher compared to the rate recorded in September 2021 at 16.63 per cent.

Inflation in Nigeria
October 4, 2022

South Africa’s rail, port workers to strike over low wages

The two labour unions said they would begin the strike on Thursday in a move that could halt the export of critical minerals and other cargo.

Rail and port workers in South Africa
September 15, 2022

Nigeria’s inflation hits new high at 20.52% in August

The latest inflation data represents a 0.88 per cent increase from the 19.64 per cent recorded in July 2022.

Inflation graph
August 18, 2022

Inflation: Experts advise CBN to unify forex markets

“Then the domestic currency will be more stable, and the foreign exchange demand triggering inflation will begin to dip,” said one of the experts.

Central Bank of Nigeria and CBN Governor, Godwin Emefiele
August 15, 2022

In July, Nigeria recorded its highest inflation in 17 years: NBS

The NBS claims that increases in the cost of bread and cereals, food items, potatoes, yams, and other tubers, as well as meat, fish, oil, and fat, are to blame for the rise in food inflation.

Buhari/food, petrol, other essential commodities