Inflation seems to be eating deep into the U.S economy and one may not be able to tell the extent of the current inflation, but it is clear that it is getting tough for a lot of people, and industries...
In economics, inflation is defined as a gradual increase in the price of goods and services in a given economy. When the general price level rises, each unit of currency buys fewer products and servic...
Impact of inflation on the stock market In economics, inflation is defined as a gradual increase in the price of goods and serv...
Nigeria's inflation rate has been on a steady rise for months now, and the record for October reported by the National Bureau of Statistics (NBS) on Wednesday says that the country's inflation hits 27...
The Nigerian economy has been battling with high inflation rates over time and it reached 22.22% last month. However, this inflation rate didn't stop these 14 Nigerian Stocks from growing above their ...
The Federal Reserve's main goal is to keep inflation under control while preventing a recession. It accomplishes this through monetary policy. The Fed must use contractionary monetary policy to impede...
Nigeria’s Inflation rate rose to 15.7% from 15.6% recorded in the previous month. It shows a 0.1% point increase. This is according to the consumer price index report, released by the National B...
Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS...
The National Bureau of Statistics (NBS), in its Consumer Price Index report, has revealed that Nigeria's inflation rate has reduced by 0.05 percent in April compared to March. While an inflation rate ...
The newly released National Bureau of Statistics data shows that three states in Nigeria had the highest inflation rates in May 2023. From May 2022 to May 2023, Ondo, Kogi, and Rivers had inflation ra...