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Hope Rises As Nigeria's Inflation Rate Drops

For the fourth consecutive month, the inflation rate has continued to drop from 17.24% in April to 16.25% in May, representing a 0.99% slide. Despite this improvement, pressure is still being felt on the price of food items and other commodities.

Nigeria: Inflation Dropped to 16.25% in May

Premium Times, 15 June 2017

The National Bureau of Statistics (NBS) on Tuesday said Nigeria's inflation dropped to 16.25 per cent in May from 17.24 per cent in April. Read more »

This Day

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Nigeria: Food Inflationary Trend Persists As Inflation Eased to 16.25 Percent in May - NBS

Vanguard, 16 June 2017

The National Bureau of Statistics, NBS, reported, yesterday, that annual inflation rate dropped by 0.99 per cent to 16.25 per cent in May 2017 from 17.24 per cent recorded in… Read more »
Nigeria: CBN to Hold 'Open Market' Operation to Check Inflation

Premium Times, 15 June 2017

The Central Bank of Nigeria, CBN on Thursday said it would hold a special Open Market Operation (OMO) operation to further check inflation in the economy as a result of pressures… Read more »
Nigeria: Inflation Drops Further to 16.25 Percent

This Day, 16 June 2017

For the fourth consecutive month, inflation rate has continued to trend downwards, dropping from 17.24 per cent in April to 16.25 per cent in May, representing a 0.99 per cent… Read more »

InFocus

Food Prices Remain High Despite Nigeria's Inflation Drop

Experts say the impact of reforms in the agricultural sector will only be seen in the second quarter because most of harvest happens around the April/May. Read more »
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InFocus

Hope Rises As Nigeria's Inflation Rate Drops

InFocus

Food Prices Remain High Despite Nigeria's Inflation Drop

InFocus

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