inflation
Inflation: 12 Companies’ Cost of Sales, OPEX Up 16.9% to N10.14tn
Kayode Tokede Following double digit inflation and the exchange rate between the naira and U.S dollars, 12 companies listed on the Nigeria Exchange Limited (NGX), recorded spike in cost of
Inflation reduces by 0.05% in April ― NBS
The National Bureau of Statistics (NBS), says inflation rate reduced by 0.05 per cent in April compared to what obtained in March.’ It said while the inflation rate stood at
Worsening insecurity to trigger higher inflation, poverty, says LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns about the worsening security situation in the country, stating that if unchecked… The post Worsening insecurity to trigger higher
Rising concerns over impact of inflation on SMEs, households
By Babajide Komolafe Economic analysts and members of the organised private sector have expressed anxiety over the severe impact of the continued rise in prices of goods and services on
Food Crisis?: Nigeria’s Food Inflation rises to 22.95%
Mustapha Wahab, Analyst at Chapel Hill Denham, spoke to the Global Business Report about Nigeria’s latest inflation figures which are at a new high. With Food inflation at 22.95%, is
Why inflation will persist in months ahead, as March hits 18.17% — Analysts
inflation *As rising food prices spike inflation to 4-year high *Intervention needed in supply side of economy – LCCI By Yinka Kolawole, Nkiru Nnorom & Elizabeth Adegbesan Analysts in the
Headline inflation rises to18% in March – NBS
…As food inflation soars By Elizabeth Adegbesan Headline inflation rose to 18 percent in March representing 0.82 percent points year-on-year (YoY) rise when compared to 17 percent recorded in February.
Why February inflation rate was inevitable – Experts
Financial experts on Tuesday said the February inflation figure of 17.33 per cent was inevitable due to drop in agriculture production and price hikes in electricity and petroleum. They spoke
Food prices push inflation to 17.33%
By Emmanuel Elebeke The National Bureau of Statistics, NBS, says the consumer price index (CPI) which measures inflation increased by 17.33 per cent (year-on-year) in February 2021. The rise is
Local production value drops by N5.02tr amid N577.61b unsold goods
Local manufacturers have decried the rising level of inventory, especially for unsold manufactured goods, adding that declining disposable income of consumers, as well as rising inflation The post Local production
