You are here
Home > inflation rate

Inflation jumped to 11.28% in September – NBS

Inflation jumped to 11.28% in September – NBS

Nigeria’s consumer price index (CPI), otherwise known as inflation rate for goods and services, rose to the highest level since May, at 11.28 percent last September, the National Bureau of Statistic (NBS) has said. READ ALSO: NBS recants, insists economy is strong The statistics agency, in its latest CPI report published Tuesday in Abuja, said the […]
The post Inflation jumped to 11.28% in September – NBS appeared first on The Sun Nigeria. …

Economy in dire straits as CBN alerts of 2nd recession in 2 years

Economy in dire straits as CBN alerts of 2nd recession in 2 years

Uche Usim, Abuja The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), last week raised the red flag that the economy was treading precariously on the path to another recession. The CBN Governor, Godwin Emefiele, who read the communique after the 263rd MPC meeting held in Abuja explained that the economy slowed […]
The post Economy in dire straits as CBN alerts of 2nd recession in 2 years appeared first on The Sun Nigeria. …

‘Drop in inflation rate good omen for economy’

‘Drop in inflation rate good omen for economy’

The steady decline in the inflation rate has been considered a good omen for economy. Speaking with a cross-section of Nigerians drawn from all walks of life, they told our correspondent that this signpost economic recovery. The National Bureau of Statistics (NBS) report released last Thursday, the Consumer Price Index (CPI), which measures inflation, rose […]
The post ‘Drop in inflation rate good omen for economy’ appeared first on The Nation Nigeria. …

Top