Nigeria’s headline inflation rate has recorded its eighth consecutive monthly decline, dropping to 14.45 percent in November 2025. According to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday. This significant easing marks the lowest inflation level the country has seen in five years, offering a glimmer […]
Analysts at FSDH Research have predicted 14.31 per cent in inflation rate in February 2018 from 15.13 per cent announced earlier this year by the National Bureau of Statistics (NBS). They explained that the expected decrease in the inflation rate is largely attributable to the base effect of previous year. “In addition, we note the […]
Nigeria’s statistical authority, the National Bureau of Statistics (NBS), Wednesday said inflation rate for the month of January dropped to 15.13 percent from 15.37 percent recorded in December 2017, representing a 12th consecutive monthly decline year-on-year. The Consumer Price Index (CPI) which measures inflation started the year 2018 increasing by 15.13 percent (year-on-year) in January […]
The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.91 percent in October from 15.98 recorded in September. The NBS disclosed this in its “CPI Oct. 2017 Report’’ released on Wednesday in Abuja. The CPI, which measured inflation, increased by 15.91 percent (year on […]
. Food prices rise The National Bureau of Statistics on Monday released the Consumer Price Index which measures inflation, with the index dropping marginally from 16.1 per cent in June to 16.05 per cent in the month of July. The new report from the statistics office indicated that the annual inflation was 0.05 per cent […]