By Joke Kujenya MARKING AN increase of 0.26 percentage points, Nigeria’s headline inflation rate has climbed to 33.95% in May 2024, up from 33.69% in April 2024. Contained in the National Bureau of Statistics (NBS) report of May 2024, it says that on a year-on-year basis, this rate is 11.54 percentage points higher than the […]
By Jemimah Wellington, JKNMedia Reporter OVERALL INFLATION rate has surged to 33.69% in April 2024, marking a notable increase from the 33.20% recorded in March of the same year, as disclosed by the National Bureau of Statistics (NBS). Released in Abuja on Wednesday, the NBS’s latest report on the consumer price index revealed this conce...
By David Adenekan TO START WITH, no country in the world has floated its local currency the way President Bola Ahmed Tinubu did. As clueless as we might thought former President Mohammadu Buhari was, he refused to float the naira, because of the negative effect on prices of goods and services, hyper-inflation. However, been as […]
