Inflation – 234 Post

OFFICIAL: Inflation hits 16.47%, all time high since April 2017

Feb 16, 2021Feb 16, 2021 Michael Apata

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 16.47 percent in January. This is the highest point since April 2017. The CPI/Inflation report released by the National Bureau of Statistics (NBS) shows that food inflation has also crossed the 20 percent mark.

INFORMATIVE: There will be inflation in 2021 – LCCI

Dec 27, 2020Dec 27, 2020 Michael Apata

The Lagos Chamber of Commerce and Industry (LCCI) says inflation rate will rise in 2021.

Economy to grow weaker with rising inflation – CBN

Dec 22, 2020Dec 22, 2020 Michael Apata

The Central Bank of Nigeria (CBN) survey for fourth quarter of 2020 (Q4 2020) showed that rising inflation will make the country’s economy weaker in 2021.

REMARKABLE! Minimum wage earners likely to be exempted from Tax

Nov 24, 2020Nov 24, 2020 Michael Apata

The president said a new bill is being proposed to ensure those in this category do not pay income tax