Nigeria’s inflation surged to 24.08% in the month of July 2023, a 129 basis-point increase compared to 22.79% recorded in the previous month. This represents the sixth consecutive increase in the headline index this year. This is according to the recently released Consumer Price Index (CPI) report for July 2023[Read More…]
Tag: Nigeria’s Inflation Hits 24.08% As Subsidy Removal Bites Hard


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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…]
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