INFLATION Archives - Global Upfront Newspapers

Nigeria’s Inflation Rate Rises To 33.88% In October

Global UpfrontNov 15, 2024November 15, 20240

Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase. This was

Nigeria’s Inflation Rate Eases After 5th Consecutive Months’ Jump

Global UpfrontAug 15, 2024August 15, 20240

Nigeria’s annual inflation rate eased for the first time in five months after a persistent jump, rising by .79 percentage point. The National Bureau of

Nigeria’s Inflation Rate Hits Record 34.19% Amid Rising Food Cost

Global UpfrontJul 15, 2024July 15, 20240

Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State

Nigeria’s Headline Inflation Rises Again, To 33.95% In May

Global UpfrontJun 15, 2024June 15, 20240

Nigeria’s inflation rate increased to 33.95 per cent in May 2024, the National Bureau of Statistics disclosed in its latest data. This represents an increase

Nigeria’s Inflation Surges To 33.69% In April, From 33.20% In March

Global UpfrontMay 15, 2024May 15, 20240

Nigeria’s inflation rate continues it upward swing, surging to 33.69 per cent in April despite the considerable gains of the currency, Naira, in the official

Nigeria’s Food Inflation Soars To 37.92% As Headline Hits 31.7% Mark

Global UpfrontMar 16, 2024March 16, 20240

As Nigerians continue to grapple under the burden of rising cost of living, the rate at which prices of goods and services in the country

Nigeria’s Inflation Rate Rises Again, Now 31.7 %

Global UpfrontMar 15, 2024March 15, 20240

The National Bureau of Statistics (NBS) said the headline inflation rate increased year-on-year (YoY) by 1.8 percentage points to 31.7 per cent in February 2024

Inflation in Nigeria Is Still Climbing While It Has Slowed Globally: Here’s Why

Global UpfrontMar 15, 2024March 15, 20240

By Stephen Onyeiwu Just as Nigerians were gradually digging out from the devastating effects of the COVID-19 pandemic, they were hit by high inflation. The

IMF: Naira Depreciating By 35% To N2,081/$1 In Official Market, 44% Inflation Rate Coming

Global UpfrontFeb 22, 2024February 22, 20240

The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 per cent this year, adding

Growing Anxiety As Nigeria’s Inflation Rate Rises To 29.90%, Almost 1% Increase From December 2023

Global UpfrontFeb 15, 2024February 15, 20240

There is growing anxiety among Nigerians over the spiraling cost of goods and services as Nigeria’s inflation increased to 29.90 per cent in January 2024