Inflation Erodes N7.6 Trillion from Nigerian Consumer Spending
Nigerians are experiencing increased spending with diminished returns as inflation has wiped out approximately N7.61 trillion from consumer expenditure in ...
Tag: consumer spending
Breaking: Headline Inflation Hits 24.08% for July 2023
The month of July 2023 marked a significant uptick in the headline inflation rate, as the figure surged to 24.08%, ...
Currency Outside Banks Surges to N2.26tn by June 2023, Reports CBN.
In a recent report released by the Central Bank of Nigeria (CBN), currency outside banks in the country reached a ...
Identifying the Factors Behind Nigeria’s Petrol Inflation Surge.
The inflation figures for Nigeria in June 2023 recorded a slight increase compared to the previous month. This rise can ...
US Nation’s Employers Add 339,000 Jobs in May, Defying Market Expectations.
In a surprising turn of events, the US nation's employers showcased their strength in the job market by adding a ...
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