Nigeria’s Inflation Drops to 23.18% in February 2025
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The drop, according to NBS, was due to the drop in the prices of some food items, including beans, maize, cassava, among others. In its Consumer Price Index (CPI) and Inflation Report for February 2025, which […]
Nigeria’s inflation rate drops to 32.15% in August
Nigeria’s inflation rate dropped from 33.40% in July to 32.15% in August. This is the second month of consecutive inflation decline this year. In its Consumer Price Index report released yesterday, the National Bureau of Statistics said the headline inflation rate eased to 32.15% in August 2024, while food inflation stood at 37.52% in the […]
House of Reps to set up committee for new wage
The House of Representatives has resolved to set up an ad hoc committee to ensure payment of a living wage to all workers in the country. Presenting the motion, Rep. Aliyu Madaki (NNPP-Kano State) said that the rising rate of inflation in the country had made it difficult for an average Nigerian to afford basic […]
