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Nigeria’s Inflation Surges to 29.90% in January, Exacerbating Food Crisis

Nigeria, Africa's most populous nation, continues to struggle with soaring inflation rates as the latest figures released by the National Bureau of Statistics (NBS)...

Cardoso Led Central Bank of Nigeria Unveils Comprehensive Strategy to Tackle Inflation in 2024

In a highly anticipated keynote address at the launch of the Nigeria Economic Summit Group 2024 Economic Outlook report, Mr. Olayemi Cardoso, the Governor...

High Cost of Rent Frustrate Residents in Lagos Amidst Inflation and Skyrocketing Living Expenses

Lagos, Nigeria – Lagos which is Nigeria's economic hub and also most populous city, is currently battling with increasing cost of rent that have...

Navigating Nigeria’s Inflation Crisis: The Plight of Fixed-Income Earners and Deepening Poverty

Lagos, Nigeria – As the cost of living crisis continues to tighten its grip on Nigeria, a nation struggling with economic challenges and Inflation...

Rising Food Inflation Spurs Nigerian Households to Adopt Cost-Cutting Measures

Nigeria - In the face of mounting food inflation, Nigerian households are adopting stringent cost-cutting measures to cope with the challenging economic environment. The...

Rising Inflation Rate Grips Ondo, Kogi, and Rivers States as Nigeria Hits 18-Year Record High, NBS Reports

The National Bureau of Statistics (NBS) has revealed that Ondo, Kogi, and Rivers states experienced the highest year-on-year increase in average prices of goods,...

NBS Report: Nigeria’s Household Consumption Witnesses Negative Growth Amid Inflation and Economic Challenges

The latest report from the National Bureau of Statistics (NBS) has revealed a significant decline in household final consumption in Nigeria during the fourth...

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