Friday, September 29, 2023
No Result
View All Result
SUBSCRIBE
eNaira Online News
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
eNaira Online News
No Result
View All Result

JUST IN: Nigeria’s inflation rate rises to 11-month high, hits 17.71%

by e-Naira Online News
June 15, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Nigeria’s inflation rate has increased to an 11-month high to hit 17.71 per cent in May 2022.

The National Bureau of Statistics (NBS) said this in its Consumer Price Index (CPI) report for 2022 released on Wednesday.

According to the report, May figure of 0.22 points is lower than the 17.93 per cent recorded in May 2021.

With the development, it means that the headline inflation rate slowed down in May 2022 compared to the same month in the previous year.

More to follow…

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now





Source link

Tags: 11monthHighhitsinflationNigeriasRateRises
Previous Post

Foreign Exchange Shortage Persists As Dollar Rises By 21%

Next Post

Nigerian Consumer Goods stocks have posted the best returns this year; these are the top gainers

Related Posts

BUA among losers as Nigeria’s stock market drops N36.3bn
Business

BUA among losers as Nigeria’s stock market drops N36.3bn

by e-Naira Online News
September 29, 2023
Nigerian govt grants N1.8 trillion tax incentives in 2022
Business

Nigerian govt grants N1.8 trillion tax incentives in 2022

by e-Naira Online News
September 29, 2023
Tax reform committee collected N5 billion from FIRS, says Nami | The Guardian Nigeria News
Business

Tax reform committee collected N5 billion from FIRS, says Nami | The Guardian Nigeria News

by e-Naira Online News
September 29, 2023
Nigerian govt mulls N75bn intervention for MSMEs
Business

Nigerian govt mulls N75bn intervention for MSMEs

by e-Naira Online News
September 28, 2023
Customs give update on revenue generated in 2 months
Business

Customs give update on revenue generated in 2 months

by e-Naira Online News
September 28, 2023
Next Post
Nigerian Consumer Goods stocks have posted the best returns this year; these are the top gainers

Nigerian Consumer Goods stocks have posted the best returns this year; these are the top gainers

Nigeria’s Inflation Rises 17.71% in May Amid Hike in Food Prices

Nigeria's Inflation Rises 17.71% in May Amid Hike in Food Prices

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BUA among losers as Nigeria’s stock market drops N36.3bn

BUA among losers as Nigeria’s stock market drops N36.3bn

September 29, 2023
Process of seeking my successor must be fair, says Obaseki

Process of seeking my successor must be fair, says Obaseki

September 29, 2023
A Nigerian presence in Houston: Why Tinubu must act

A Nigerian presence in Houston: Why Tinubu must act

September 29, 2023
Nigerian govt grants N1.8 trillion tax incentives in 2022

Nigerian govt grants N1.8 trillion tax incentives in 2022

September 29, 2023
Nasarawa Assembly calls for calm amid protest over alleged sale of liaison office

Nasarawa Assembly calls for calm amid protest over alleged sale of liaison office

September 29, 2023
Bitcoin needs a weak dollar/Spot ETF approval to break yearly high

Bitcoin needs a weak dollar/Spot ETF approval to break yearly high

September 29, 2023
Nigerian Institute of Builders collaborate with Lagos State to eradicate building collapse

Nigerian Institute of Builders collaborate with Lagos State to eradicate building collapse

September 29, 2023
NGX data reveals drastic drop in stock market transaction for August

NGX data reveals drastic drop in stock market transaction for August

September 29, 2023

Get the free newsletter

eNaira Online News

Get the latest news and follow the coverage of eNaira, Business & Financial, Stock Market, Analysis, and more from the trusted sources.

CATEGORIES

  • Banking
  • Business
  • Capital Market
  • Companies
  • Crypto
  • eNaira
  • Finance
  • Opinion
  • Personal Finance
  • Real estate
  • Uncategorized
No Result
View All Result

GET THE FREE NEWSLETTER

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.