News
BREAKING: Nigeria Inflation Rises To 21.91%
Nigeria inflation rate has risen to 21.91%, compared to January 2023 inflation rate which was 21.82%.
The percentage represents a 0.09% point increase.
This was disclosed in a recent Consumer Price Index report by the National Bureau of Statistics on Wednesday.
The rise in the inflation rate followed the naira crisis across the country and uncertainties relating to the just concluded presidential election.
The NBS said the rise in food inflation was caused by increase in prices of oil and fat, fish, meats, vegetable, yam and other tubers, bread and cereals, and other foods.
More to follow
2027: Ayonic Seeks Osogbo Assembly Seat, Promises Free UTME, Bursaries, Job Opportunities
2027: Tinubu’s Re-election Will Promote National Unity, Osun Renewed Hope Coordinator Says
Terrorists Abduct 10 In Ogun, Demand 25m Ransom
Reps Query JAMB Over N3b Pension Payment, N710m Computer Spending
High Court Ruling: ADC Heads To Appeal, insists Mark, Aregbesola Remain Party Leaders
FG Blames Gas Shortage As Power Outages Hit Five States
-
News3 days agoGolden Jubilee: Osun Deputy Governor Launches ₦50m School Project At ACGS Ikirun
-
News4 days agoAcademic Integrity: University Don Raises Alarm Over Plagiarism, AI Misuse
-
News4 days agoSuspected Bandits Reportedly Kill Police Officers En Route To Zamfara
-
News4 days ago2027: Hashim Can Defeat Tinubu In Jigawa, Says Accord Senatorial Candidate