Tag: Inflation rate

Vendors display tomatoes for sell at Mile 12 market in Lagos, food prices remain high despite drop in inflation rate to 17.93% in May 2021, on July 7, 2021. The World Bank said the countrys surging inflation and rising prices had pushed an estimated seven million Nigerians below poverty line in 2020. This rise in the food index was caused by increases in prices of Bread, Cereals, Milk, Cheese, Eggs, Fish, Soft drinks, Coffee, Tea and Cocoa, Fruits, Meat, Oils and fats, and Vegetables. (Photo by Olukayode Jaiyeola/NurPhoto via Getty Images)

Nigeria’s Inflation Rate Rises To 22.22%

by Abraham

May 15, 2023

Vendors display tomatoes for sell at Mile 12 market in Lagos, food prices remain high despite drop in inflation rate ...

The spectre of inflation has been identified as one of the factors affecting Africa’s economic recovery. /Getty Images

Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns

by Abraham

April 29, 2022

Credit/Maduforo Precious/Afriupdate news Insists FX reform is necessary route to achieving stability ‘Africa faces new shock, lack sufficient space for ...

Nigeria’s inflation rate jumps to 14.23%

by Abraham

November 16, 2020

Nigeria’s inflation rate has jumped to 14.23 per cent (year-on-year) in October, showing a percentage point increase of 0.52. The ...

Home
About Us
Contact us
Advertisement
Privacy Policy

No Result

View All Result