Nigeria’s inflation drops to 16.05 % in July – NBS
The National Bureau of Statistics (NBS) says the country’s inflation as measured by Consumer Price Index (CPI), further dropped to 16.05 per cent in July from 16.10 per cent in June.
Inflation drops to 17.78% as cooking gas price soars while kerosene price drops
National Bureau of Statistics, NBS, yesterday, said the inflation rate year-on-year (YoY) dropped to 17.78 per cent in February from 18.72 in January, the first decline in 15 months, implying slow-down in the rate of increase in prices of goods and services.
Inflation declines by 0.94 % in February
The National Bureau of Statistics (NBS) on Tuesday said that inflation dropped by 0.94 per cent in February, the first time in 15 months.
Inflation: Households dump cooking gas, resort to coal stoves
Many households in Kano previously using cooking gas, say they have now resorted to coal stoves due to the hike in the price increase of the commodity.
Nigeria’s Inflation rises for 13th straight month
Nigeria’s inflation rose again in November, driven by higher food, petrol and electricity prices, data showed Thursday, with analysts saying that the upward trend may not be over.
Nigeria’s inflation rate to return to stability – economic research
Nigeria’s inflation readings may close first half positive as research reports indicate a moderation to 15.4 per cent in the month of June 2016, down from 15.6 per cent recorded for the preceding month, May 2016.
