Tag: cost of living

Food Inflation in Nigeria: States Grapple with Soaring Prices

Food inflation, a critical component of the overall cost of living, reached…

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Nigeria’s Headline Inflation Surges, Hits 24% in March

Nigeria's headline inflation rate climbed to 24.23% in March 2025, marking a…

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Inflation Fight: CBN’s Tight Monetary Policy and Its Impact on Nigerian Consumers

The Central Bank of Nigeria's (CBN) aggressive monetary policy, characterized by significant…

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Nigeria Petrol Prices: Region’s Lowest, But Economic Ripples Persist

Nigeria currently boasts the lowest petrol prices in West Africa, a fact…

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Food Inflation Shows Significant Decline, But Monthly Rise Persists

The relentless surge in food prices that has burdened Nigerian households appears…

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Inflation Rate Drops Significantly After CPI Rebasing

Nigeria's inflation rate has experienced a significant drop, landing at 24.48% year-on-year…

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Lagos BRT Fares Surge 18%, Stirring Commuters’ Anxiety

Lagos residents woke up today to a stark reality: the cost of…

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Nigeria’s Per Capita Income Plummets Again, Exacerbating Poverty Crisis

Nigeria's per capita income has once again declined, falling to a pitiful $835.49 in 2025, according to a sobering new analysis from the International Monetary Fund (IMF). Millions of Nigerians' already precarious living circumstances are being further undermined…

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