Nigeria Inflation News

Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

The United Kingdom’s inflation rate has risen once again, with the Consumer Prices Index (CPI) reaching 2.6% in November. This is a rise from October’s figure of 2.3%, according to the Office

Emmanuel Ochayi

3 days ago

Food Prices Drive Inflation In Turkey As November Figures Show Increase

Turkey’s inflation rate continued its upward trajectory in November, with food prices playing a key role. The Consumer Price Index (CPI) rose by 2.2% in the month, surpassing expectations, while the annual

Emmanuel Ochayi

3 weeks ago

Africa·Business·Latest News·Top Stories

Food Prices Push Inflation As Ghana Maintains Interest Rate At 27%

Ghana’s central bank highlights food price volatility as inflation edges up. Experts warn of broader economic impacts. Ghana’s central bank announced on Friday that it will keep its main interest rate steady

Emmanuel Ochayi

3 weeks ago

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Finance & Economy

Week Ahead: Nigeria CPI, USD And Oil In Focus

By Lukman Otunuga, Senior Market Analyst At FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed

Admin

1 month ago

Business·Latest News

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC’s One-Month Moratorium: A Call for Cooperation The Federal Competition and Consumer Protection Commission (FCCPC) has provided further clarity regarding its one-month moratorium given to traders and market stakeholders involved in exploitative

Emmanuel Ochayi

4 months ago

Rising Cost Of a Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Business·Latest News

Rising Cost Of Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Cost of a Healthy Diet in Nigeria Surges The cost of maintaining a healthy diet in Nigeria has surged by 47.44% in the first seven months of 2024, significantly outpacing both general

Emmanuel Ochayi

4 months ago

Rising Inflation Hits Small Businesses Hard: Rising Prices, Shrinking Profits, Growing Desperation

Business·FEATURES·Latest News

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Rising Inflation Puts Nigerian Small Businesses on the Brink Small business owners across Nigeria are grappling with unprecedented challenges as rising inflation continues to batter the economy. The effects of the economic

Emmanuel Ochayi

4 months ago

Business·Latest News·World News

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Bitcoin and Inflation: A Volatile Week Bitcoin’s price saw significant swings this week as the U.S. Consumer Price Index (CPI) report was released. The cryptocurrency’s value surged ahead of the report, reflecting

Emmanuel Ochayi

4 months ago

Why Inflation Is Rising Rapidly In Nigeria

Business·Latest News

Nigeria’s Inflation Rate Climbs To 34.19% In June Amid Increasing Costs

Inflation Surpasses Projections Nigeria’s inflation rate increased to 34.19% in June 2024, as reported by the National Bureau of Statistics (NBS) on July 15, 2024. This marks a 0.24% rise from May’s

Emmanuel Ochayi

5 months ago

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has commended the decision of the Nigerian government to suspend taxes on the importation of key food commodities, noting that

Victor Ezeja

6 months ago

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Inflation Rises Again In UK, Sparking Concerns Over Interest Rate Decisions

Food Prices Drive Inflation In Turkey As November Figures Show Increase

Food Prices Push Inflation As Ghana Maintains Interest Rate At 27%

Week Ahead: Nigeria CPI, USD And Oil In Focus

FCCPC Clarifies One-month Moratorium On Exploitative Pricing Amid Economic Challenges

Rising Cost Of Healthy Diet In Nigeria Outpaces General Inflation By 47.44%

Inflation Hits SMEs: Soaring Prices, Shrinking Profits, Growing Desperation

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Nigeria’s Inflation Rate Climbs To 34.19% In June Amid Increasing Costs

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

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