Barely 24 hours after the National Bureau of Statistics (NBS), reported a sustained decrease in inflation rate, the Bureau, yesterday, reported that transport fare was moving in opposite direction, with the average fare paid by commuters for bus, air, water and motorcycle (Okada) journeys, rising for the fourth consecutive month in April 2018.

A statistician, Dr Olusanya Olubusoye, has advised politicians and government at all levels against reckless fiscal spending to prevent inflation ahead of the 2019 elections. Olubusoye, a lecturer at the Department of Statistics, University of Ibadan, gave the advice in an interview with the News Agency of Nigeria (NAN) in Abuja on Monday, while reacting […]

Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report for March.

Inflation rate in Nigeria dropped to 13.34 percent year-on-year (YoY) in March 2018 from 14.33 percent previous month, the lowest level in two years, the National Bureau of Statistics (NBS) has reported.

THE FSDH Merchant Bank has projected that March 2018 inflation rate would be around 13.49 percent, a 0.84 percentage point trend down from 14.33 percent recorded in February.

Annual inflation in Nigeria stood at 14.33 per cent in February, slowing for the 13th month in a row.

Ethiopia’s year-on-year inflation rate jumped to 15.6 per cent in February from 13.4 per cent in previous month, the statistics agency said on Wednesday.

At the backdrop of the base effect of last year, the headline inflation rate for the month of February 2017 has been forecast to drop by 82 basis points (bps) to 14.31 percent from 15.13 percent recorded in January.

Inflation in the country will generally remain high in 2018 – 2019 amidst likely currency adjustment and election spending, Managing Director, Financial Derivatives Company, FDC, Mr. Bismark Rewane, has said.

The inflationary pressure in Nigeria has pitched air-conditioner, AC, producers against each other through strategic and technological enhancements aimed at increasing market share.

The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.37  per cent in December 2017 from 15.90 per cent recorded in November of the same year.

The National Bureau of Statis- tics, NBS, yesterday announced that the Consumer Price Index (CPI) which measure Inflation rate declined to 15.91 per cent Year-on-Year, YoY  in October, 2017.

The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.91 per cent in October  from 15.98 recorded in September.

RESEARCH analysts at FSDH Merchant Bank Limited have forecasted a marginal decline in the headline inflation rate for the month of October 2017 to 15.91 percent against 15.98 percent recorded in preceding month. This is against the backdrop of slow increase in the prices of food and non-food items recorded in the month of October.

RESEARCH analysts at FSDH Merchant Bank Limited have forecasted a marginal decline in the headline inflation rate for the month of October 2017 to 15.91 percent against 15.98 percent recorded in preceding month. This is against the backdrop of slow increase in the prices of food and non-food items recorded in the month of October.