Nigeria’s food inflation rate surged by 2.79 percentage points to reach 20.31 percent in July 2026, up from 17.52 percent in June, marking the fifth consecutive monthly increase since March. According to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), this development marks[Read More…]
Tag: Nigeria’s Food Inflation Surges to 20.31% in Fifth Consecutive Monthly Rise
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]