By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation climbed up 12.8 percent in March (highest since July 2012), dwarfing consensus estimate of 11.8 percent, according to the National Bureau of Statistics (NBS) latest report. Cordros in its report said this month’s Consumer price Index (CPI) exhibited similar strains to that of […]
Tag: Consumer Price Index
Nigeria’s Inflation Rises to 11.4% in February 2016
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation rose to 11.4 percent in February 2016, as the Consumer Price Index (CPI) which measures inflation recorded a significant uptick and soaring to a Three-Year High, according to the National Bureau of Statistics (NBS) latest report. Africa’s largest oil producer’s inflation rate […]
Nigeria’s Inflation Unchanged, Remains at 9.6% in Jan’16-NBS
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation remained unchanged at 9.6 percent in the month of January 2016, the same figure posted in December 2015 weighed upon by slower increases in other major divisions such as housing, water, electricity, gas and other fuels; and furnishings and household equipment maintenance, according to the […]
