30 results
- 18 Dec 2012
NBS Reports Worst Inflation in November’s CPI
National Bureau of Statistics (NBS) yesterday released its Consumer Price Index (CPI) showing consumer at its highest in four months in November as the impact of the country's worst flooding in 50…
- 13 Oct 2025
Week Ahead: Nigeria CPI, US-China trade woes, big bank earnings
By Lukman Otunuga, Senior Research Analyst, FXTM The biggest macro event for Nigeria will be September ’ s CPI report on October 15 th which is likely to show inflation easing to 18.8% year-on-year…
- 11 Nov 2024
Nigeria CPI, USD and Oil in focus
By Lukman Otunuga, Senior Market Analyst at FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed with inflation figures from…
- 12 Apr 2016
FXTM: Sterling Bulls Pursue CPI Lifeline
The Sterling/Dollar unexpectedly surged during trading on Monday and this has nothing to do with an improved sentiment towards the Pound, but ongoing Dollar weakness from diminishing US rate…
- 9 Mar 2026
Nigeria Week Ahead: Equities sink, Oil surpasses $100, CPI in focus
By Matthew Anthony, Senior Market Analyst- Africa Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted.…
- 17 Jul 2020
Headline Inflation Up by 12.56 Per Cent in June 2020 ― NBS
Nigeria’s consumer price index (CPI) which measures inflation increased by 12.56 per cent (year-on-year) in June 2020. This is 0.16 per cent points higher than the rate of 12.40 per cent recorded in…
- 14 Jun 2016
Nigeria’s Inflation Hits 15.6 % in May – NBS
National Bureau of Statistics (NBS), on Tuesday, said the Consumer Price Index (CPI) increased to 15.6 percent in May from 13. 7 percent in April. A report released by the NBS in Abuja said…
- 18 Aug 2014
Inflation Rises for fifth Consecutive Month to 8.3%
The National Bureau of Statistics (NBS) yesterday released the Consumer Price Index (CPI) for the Month of July stating that increases in the prices of bread, meat and cereals have pushed up the…
- 18 May 2017
NBS Inflation Report: Analyst Says 2017 Is Nigeria First Major Test
Report by the National Bureau of Statistics (NBS) shows Consumer Price Index (CPI) which measure inflation declined by 0.02 per cent in April. According to the NBS in its new report, the inflation…
- 16 Sept 2016
Nigeria’s Inflation Rate Hits 17.6 % in August - NBS
The National Bureau of Statistics (NBS) has said that Consumer Price Index (CPI) has increased to 17.6 per cent (year-on-year) in August from 17.1 per cent recorded in July. A report released by the…
- 14 Jun 2018
Core Processor Integration Streamlines Instant Card Issuance
CPI Card Group Inc., a provider of financial card production and related services, will integrate with Salt Lake City-based core processor Flex to enable a streamlined approach to instant issuance,…
- 16 Aug 2016
UK Inflation Reaches Highest Level Since Nov 2014
Market headlines are continuing to focus on the UK economy after data earlier today showed that inflation accelerated in July with CPI rising to an annualised 0.6%. This week represents the first…
- 16 Apr 2023
Nigeria’s Inflation Rate Hits 22.04% for March 2023
Nigeria's inflation rate has increased by 0.13% points compared to February 2023's inflation rate. This is according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report…
- 15 Oct 2024
Nigeria’s Inflation Rate Rises to 32.7 Percent - NBS
Nigeria's annual inflation rate climbed for the first time in three months in September, sparked by a spike in gasoline prices and severe floods in food-producing areas. Consumer prices index (CPI)…
- 25 Jan 2010
Inflation Bites as Prices of Household Items Rise
Cooking gas, liquid fuels and some household goods and equipments faced volatile upward price movements forcing “All items less Farm Produce” otherwise core inflation to rise by 0.1 per…
- 16 Jun 2017
Inflation Decline: Why CBN Should Remain Standby- Otunuga
The growing confidence in Nigeria’s economic recovery was bolstered on Thursday following reports that the nation’s rate of inflation declined for the fourth consecutive month in May to 16.25% , the…
- 17 Aug 2016
FXTM Analysis: Dollar Sensitivity Seizes Centre Stage
The Dollar displayed extreme signs of sensitivity on Tuesday with prices left vulnerable to heavy losses as expectations fluctuated over the Federal Reserve raising US interest rates in 2016.…
- 14 Nov 2013
Nigeria’s Inflation Rate Drops By 0.2% – NBS
Nigeria’s inflation rate in October dropped by 0.2 per cent to 7.8 per cent from the 8.0 per cent recorded in September, says the National Bureau of Statistics (NBS). This was contained in a…
- 15 Dec 2008
CBN Shelves Commencement of Inflation Targeting
The Central Bank of Nigeria (CBN) said it has shelved the commencement of earlier scheduled inflation targeting expected to start in January, 2009 to enable the apex bank effectively fashion…
- 20 Nov 2012
Floods, Cost of Transportation Fuel Inflation in October -NBS
National Bureau of Statistics (NBS) said Monday that the composite Consumer Price Index which measures inflation in Nigeria rose to 11.7 per cent year-on-year in October (compared to 11.3 percent in…
- 12 Aug 2024
Inflation, Naira and Oil in Focus
By Lukman Otunuga is Senior Financial Market Analyst with FXTM Some semblances of stability have returned to global markets after US recession fears created shockwaves last week. Lukman Otunuga…
- 13 Jul 2025
Nigeria Week Ahead: Inflation, Oil and Naira in focus
By Lukman Otunuga, Senior Market Analyst at FXTM. A flurry of high-risk events may pump global financial markets with fresh volatility this week. Top-tier data, including US Inflation, the unofficial…
- 15 Apr 2015
Apps Economy to Hit 268 Downloads worth $77bn by 2017- InMobi
The market for mobile apps is already big, and it is just going to keep getting bigger, according to InMobi's State of Apps Install and Monetization 2014. The report projects that by 2017, it’s…
- 26 Aug 2013
Global Economy in Whirl Of Mixed Data
Apart from the global economy shifting back and forth, ForexTime said the process is bedeviled by a whirl of mixed data. According to the report, a mix of sentiments emerged from the US last week, as…
- 29 Sept 2022
E-commerce App Marketers Spent $6.1B on User Acquisition Worldwide - Report
AppsFlyer, the global marketing measurement leader, has released the 2022 edition of its State of eCommerce App Marketing report. Within the report, AppsFlyer outlines key global trends,guiding…
- 15 Oct 2020
NBS puts Nigeria’s Inflation in September at 13.71%
Nigeria’s inflation rate rose by 0.49 percentage point to 13.71 percent in September from 13.22 percent in August. Similarly, food inflation rose by 0.66 percent point to 16.66 percent during the…
- 22 Mar 2017
There’re Signs CBN May Cut Monetary Policy Rates Soon- Lukman
In spite the Central Bank of Nigeria (CBN) Monetary Policy Committee’s decision on Tuesday to retain the country’s benchmark interest rate at 14 percent, Lukman Otunuga, research analyst at Forex…
- 14 Oct 2014
Standard Chartered Unveils Consumer Price Tracker
A new devise to capture real-time price trends in the Nigerian formal and informal markets has been officially unveiled by Standard Chartered Bank (SCB) to enable it obtain accurate price data, which…
- 2 Nov 2009
Inflation Looms as Cost of Living Rises
Manufacturers and traders in basic goods and services in the country are reviewing their prices upward by as much as 20 per cent in reaction to the continued concomitant rise in cost-of-living,…
- 31 Jul 2022
MTN Rakes in N947Bn Revenue as PAT Grows 28% to N181.6Bn
MTN Nigeria has recorded a 28.1 per cent rise in profit after tax (PAT) to N181.6 billion in the first half of the year, with profit before tax (PBT) up by 24.9 per cent to N268.6 billion and…