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Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).
Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
Meanwhile, the energy index decreased by 1.9% in September, after falling 0.8% in August as gas prices declined a sizable 4.1% last month. On a yearly basis, the energy index was down 6.8%.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
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The Nigerian education system faced consistent challenges on all levels in the years before the election as UNICEF noted about 20 million out-of-school children in 2022 while also showcasing issues in early childhood education and primary school attendance, especially among girls and in the North.
Established in 1949 by Chief Obafemi Awolowo, it is the oldest privately-owned Nigerian newspaper still in circulation. [1] During the colonial period, the Nigerian Tribune served as a platform for promoting Obafemi Awolowo’s welfare programs and represented the interests of the Yoruba community during a time of ethnic competition. [2]