Skip to content
  • Home
  • News
  • Videos
  • Shows
  • Events
  • The Crew
  • Competitions

Live on air

🎧 Listen Live 🔴

Nigeria’s Inflation Rate Hits 21.82% Over Naira Crunch

The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate for January 2023 rose to 0.47% points
The Consumer Price Index, CPI, which was released yesterday by the Statistician-General, indicates 21.82% compared to December 2022 headline inflation which was 21.34%.
National Bureau of Statistics, reveals that on a year-on-year basis, the headline inflation rate was 6.22% points higher compared to the rate recorded in January 2022, which was (15.60%).
On a month-on-month basis, the percentage change in the All-Items Index in January 2023 was 1.87%, which is 0.15% higher than the rate recorded in December 2022 (1.71%). This means that in January 2023, the general average price level was 0.15% higher relative to December 2022.
The statement added that the rise in food inflation was caused by increases in prices of Bread and cereals, Oil and fat, Potatoes, Yam and other tubers, Fish, vegetable, fruits, and meat.

Share

Recommended Posts

Sanwo-Olu Increases Civil Servants Salary by 20%

Read More...

I Don’t Regret Running For Office – Funke Akindele On Election Loss 

Read More...

INEC Declares Adamawa Guber Polls Inconclusive

Read More...

INEC To Hold State Assembly Elections On Tuesday In Benue LG

Read More...

INEC Suspends Collation of Gubernatorial Election Results In Abia, Enugu

Read More...
Facebook-f Instagram Twitter Youtube Podcast
  • info@lagostalks.com
  • +234 (01)-2701022
  • 26 Keffi Street, Off Awolowo Road, Ikoyi, Lagos
  • 2023 Copyright © Megalectrics Limited
  • Privacy Policy
  • Terms
Facebook-f Instagram Twitter Youtube Podcast
  • Privacy Policy
  • Terms
  • 2023 Copyright © Megalectrics Limited

🎧 Listen Live 🔴

LAGOS TALKS

91.3 FM

Lagos Talks on 91.3 FM, is a radio station, operating the TALK Format. It is focused on creating and encouraging conversations about issues that affect all residents of Lagos. The conversations will be moderated by seasoned qualified professionals and subject matter experts, to ensure that all viewpoints are articulated, and all sides of the discussion are heard.

  • About Us
  • Advertise with us
  • Shows
  • The Crew
  • Contact Us
  • Privacy Policy
  • Terms
  • 2023 Copyright © Megalectrics Limited
Facebook-f Instagram Twitter Youtube Podcast

🎧 Listen Live 🔴

  • Home
  • About Us
  • Videos
  • Shows
  • The Crew
  • News
  • Contact Us
  • Advertise with us
Facebook-f Instagram Twitter Youtube Podcast
  • Privacy Policy
  • Terms
  • Copyright © 2022 Megalectrics Limited