Nigeria's imported food inflation surged to 36.38% in June 2024, up from 34.83% in the previous month, marking a 1.55 percentage point increase. The Consumer Price Index (CPI) data from ...
The Chartered Institute of Taxation of Nigeria (CITN) has observed that high inflation, weak naira, and policy tightening could threaten economic growth in 2024. Samuel Agbeluyi, President of CITN, highlighted ...
About 10 leading companies in cement manufacturing, Fast-Moving Consumer Goods (FMCG), among other sectors recorded 28 per cent increase in cost of production, backed by hike in inflation rate and ...
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