Nigeria’s Consumer Price Index (CPI), which measures the general price level in the economy rose to 15.40 percent year-on-year (Y-o-Y) in November, representing 0.59 percent points lower than the 15.99 percent rate recorded in the preceding month. The Statistician General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), Dr. […]
The National Bureau of Statistics (NBS) on Tuesday reported that Nigeria’s Composite Price Index (CPI), which measures inflation, dropped marginally to 17.93 percent year-on-year (YoY) in May 2021 from 18.12% recorded in the preceding month. The May rate represented 0.19% points lower than the rate recorded in April The official statistical data producing and publishing […]