Business Hilights

Tracking Nigeria's Headline Business News Online

The National Bureau of Statistics (NBS)

Nigeria’s Headline Inflation maintains Uptrend in Nov. 2020

Facts from released from the National Bureau of Statistics (NBS), on headline inflation have shown that it rose by 66bps to 14.89% y/y in November 2020 – the highest level since January 2018 (15.13% y/y). On a month-on-month basis, consumer prices increased by 6bps to 1.60% –…

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…