Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria’s Consumer Price Index (CPI)

Nigerian headline inflation soars y 12.56% in June 2020 ― NBS

Nigeria’s consumer price index (CPI) which measures inflation jumped by 12.56 per cent (year-on-year) in June 2020. This is 0.16 per cent points higher than the rate of 12.40 per cent recorded in May 2020. The National Bureau of Statistics…

Expect more hyper jump in inflation as January climb to 12.13%

Experts have further warned that Nigeria’s Consumer Price Index (CPI) which measures inflationary trend may continue to escalate pending when workable economic policies are introduced and implemented religiously. Reviewing the 12.13% year-on-year inflation increment as reported by the National Bureau…