x

BREAKING: Nigeria’s inflation hits 12.56% in June – NBS

The consumer price index which measures inflation rose to 12.56 percent in June, a new report by the National Bureau of Statistics has shown.

According to the report, which was released on Friday, the June inflation rate is 0.16 percentage points higher than the rate recorded in May 2020 (12.40 percent).

The CPI (consumer price index) measures the average change over time in prices of goods and services consumed by people for day-to-day living.

This is the highest point reached since March 2018 when inflation was at 13.34 percent.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Groups Back Tinubu’s Oil Sector Reforms, Caution Against Sponsored Protests‎

‎Says sector reforms will soon yield results‎‎Calls for an...

Peter Obi Declares 2027 Presidential Bid, Dismisses VP Speculations

Labour Party’s 2023 presidential candidate, Peter Obi, has confirmed...

BREAKING: Olubadan, Oba Olakulehin, Passes Away at 90 After One Year on Throne

The Olubadan of Ibadanland, Oba Owolabi Olakulehin, has passed...

Plateau Central Senator Diket Plang Loses Wife, Janet

By Israel Adamu, Jos Senator representing Plateau Central Senatorial District...

SGF position cannot stop North-Central from having National Chairman – APC Forum 

By Israel Adamu ,Jos  The North-Central All Progressives Congress (APC)...

KDSG commence free bus service for Civil Servants, Students

By Achadu Gabriel, Kaduna  The Kaduna Subsidized Transport Scheme (KSTS)...

NDDC Bolsters Bayelsa Communities with Essential Aid

Amgbare Ekaunkumo, Yenagoa  The Niger Delta Development Commission (NDDC) has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img