The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price ...
The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This ...
Treasury bills (T-bills) and Federal Government Bonds provide a risk-free return that helps preserve income value. The ...
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Rebasing and debasing Nigeria
I spent the last few days trying hard to understand the on-going rebasing of the Nigerian economy starting with the rebasing of the Consumer Price Index (CPI). I watched the Statistician General of ...
The policy shift involved the rebased Consumer Price Index (CPI) data that significantly dropped headline inflation figures ...
In 2024, the National Bureau of Statistics (NBS) commenced efforts to rebase the Nigerian economy. The rebasing would impact ...