Tags Inflation

Tag: Inflation

Nigeria records highest inflation rate in four years

The rural inflation rate, on the other hand, now stood at 17.60 per cent in March 2021 from the 16.77 per cent reported last month.

Economy: Nigeria inflation hits 16.47%

The Minister of Finance, Budget and National Planning, Zainab Ahmed, had in January said government planned to keep inflation at 11.95 per cent by year end, following the Central Bank of Nigeria (CBN)’s inability to keep it within a single-digit target range of between 6 to 9 per cent for more than four years.

Nigeria’s inflation rises to 15.75%

The urban inflation rate also increased in December by 16.33 percent (year-on-year) in December 2020 from 15.47 percent recorded in November 2020, while the rural inflation rate increased by 15.20 percent in December 2020.

Deficit in Nigeria’s trade balance rises 328%, now N1.8trn

Merchandise trade falls  by 27% to N6trn Deficit in Nigeria’s trade balance worsened in the second quarter 2020, Q2’20, rising...

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Fighting resumes in southern Afghanistan as ceasefire ends

An Afghan army spokesman in the south confirmed fighting had resumed.

Insecurity: 218 deceased, injured Prison officers get N154.57m

The Corrections boss while commiserating with the families of the fallen heroes, charged serving personnel to brace up for the emerging security challenges confronting the Service.

17 arrested in Enugu over armed robbery, cultism, other vices

Preliminary investigation shows that the car was stolen from where it was parked at Abakaliki Road, Enugu by the criminal gang, who abandoned the vehicle and fled due to intense pressure mounted by the Operatives. However, discreet investigation to fish out the fleeing suspects has commenced.

Bitcoin rises 5.6% to $49,337.72

Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14.