Consumer Price Index
FG to rebase inflation, GDP data in 2025 to drive policy accuracy, investment
Business & Economy
November 16, 2024
FG to rebase inflation, GDP data in 2025 to drive policy accuracy, investment
The federal government is set to rebase the country’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025…
Average cost preparing pot of jollof rice hits N21,579, 31% of minimum wage in September
Business & Economy
October 31, 2024
Average cost preparing pot of jollof rice hits N21,579, 31% of minimum wage in September
The average cost of preparing a pot of jollof rice in Nigeria has risen to N21,579, consuming roughly 31% of…
10 most expensive staple foods to buy in Nigeria in September 2024
Business & Economy
October 24, 2024
10 most expensive staple foods to buy in Nigeria in September 2024
Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024 after slowing down for…
Nigeria’s inflation rate in September rises to 32.70% due to petrol price increases
Business & Economy
October 15, 2024
Nigeria’s inflation rate in September rises to 32.70% due to petrol price increases
Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase…
Nigeria’s imported food inflation jumps to 36.38% in June 2024 on weak naira
Business & Economy
July 29, 2024
Nigeria’s imported food inflation jumps to 36.38% in June 2024 on weak naira
Nigeria’s imported food inflation jumped to 36.38% in June 2024, from 34.83% recorded in the previous month, which represents a…
Top 10 most expensive Nigerian states to live in April 2024
Business & Economy
May 16, 2024
Top 10 most expensive Nigerian states to live in April 2024
The cost of living in Nigeria continues to rise, with April 2024 Consumer Price Index (CPI) data showing a consistent…