Breaking News
Nigeria’s inflation rate hits 12.56% ― NBS

Rise in prices of bread, cereal, yam, others escalate Nigeria’s inflation

•Records 7th consecutive month rise •New FX policy to add more pressure from Sept By Babajide Komolafe, Michael Eboh & Elizabeth Adegbesan Nigeria’s inflation has recorded seventh-month consecutive rise to 13.22 percent in August. Headline inflation rate stood at 12.2 percent in February from where it rose steadily every month to 13.22 percent in August.
Read More

Inflation, Nigeria

Rising inflation, cause for concern, expert cautions

By Michael Eboh Professor of Finance and Capital Market in Nasarawa State University, Lafia, Uche Uwaleke, yesterday, expressed concern over rising inflation in Nigeria, engendered by increasing unemployment, high exchange rate and illiquidity in the foreign exchange market among others. In a response to the 12.82 per cent inflation rate for July 2020, announced by
Read More

Do NOT follow this link or you will be banned from the site!