inflation

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BREAKING: Nigeria’s inflation rate climbs to 11.61%

As Border closure continues to push up prices of goods and services By Babajide Komolafe The National Bureau of Statistics (NBS) said that Nigeria’s annual inflation rate rose to 11.61 per cent in October. The NBS disclosed this in its monthly Consumer Price Index October 2018 report. The inflation measures the rate of increase in prices […]

Experts attribute September inflation rate rise to border closure

Financial experts on Wednesday attributed the rise in inflation rate for the month of September to border closure and the new minimum wage. They stated this in separate interviews with the News Agency of Nigeria (NAN) in Lagos, in reaction to the September inflation figure released by the National Bureau of Statistics (NBS) on Oct. […]

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