• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

BREAKING: Nigeria’s Inflation Jumps To 21.09% In October

by Mark Itsibor
3 years ago
in Business
Inflation
Share on WhatsAppShare on FacebookShare on XTelegram

In October 2022, on a year–on–year basis, the headline inflation rate rose to 21.09 per cent, according to figures that were released by the National Bureau of Statistics (NBS).

Advertisement

That was 5.09 per cent points higher compared to the rate recorded in October 2021, which was 15.99 per cent, the NBS disclosed in the data that was released on Tuesday.

On a month-on-month basis, the headline inflation rate for October 2022 was 1.24 per cent, this was 0.11 per cent lower than the rate recorded in September 2022 (1.36 per cent).

This shows that the general price level for the headline inflation rate increased in October 2022 when compared to the same month in the preceding year (i.e. October 2021) by 5.09 per cent.

This means that in October 2022 the general price level for the headline inflation rate (month–on–month basis) declined by 0.11 per cent.

RELATED

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

4 hours ago
Caverton Marine Shares Innovative Options For Safety At Interferry Conference

Caverton Champions Sustainable Marine Mobility With Award-winning Research

4 hours ago

The percentage change in the average CPI for the 12 months ending October 2022 over the average of the CPI for the previous 12 months period was 17.86 per cent, showing a 0.91 per cent increase compared to the 16.96 per cent recorded in October 2021.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: inflation
SendShareTweetShare
Previous Post

Presidency Begins Implementation Of At-Risk-Children Programme In Borno

Next Post

Lawyer Drags Tinubu To Court Over Alleged Forgery, Age Falsification

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential
Business

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

2025/07/27
Caverton Marine Shares Innovative Options For Safety At Interferry Conference
Business

Caverton Champions Sustainable Marine Mobility With Award-winning Research

2025/07/27
CORBON Inducts 420 Registered Builders, Announces Competition
Business

CORBON To Register, Train Additional Cadres Of Building Artisans

2025/07/27
Nigerians In Diaspora Invest $90bn In Economy – Commission
Business

FirstBank, NiDCOM’s New Platform Targets Safer Homeownership For Nigerians Overseas

2025/07/27
Nigeria Targets 2.7m MT Cereal Production Growth By By 2034
Agriculture

Nigeria Targets 2.7m MT Cereal Production Growth By By 2034

2025/07/27
BAT Nigeria Calls For Export Reforms To Boost Economic Growth
Business

BAT Nigeria Calls For Export Reforms To Boost Economic Growth

2025/07/27
Leadership Conference advertisement

LATEST

WAFCON 2024: Enabulele Hails Super Falcons For Historic 10th Title Win

Amb Mahlangu To Address Food Systems Summit In Ethiopia

Nigeria Mourns, Daura In Sorrow, Dikko In Pensive Mood

“Wet the Grass”: Tinubu’s Warning and APC’s Big Grassroots Test

NGO Announces Launch Of Empower Her Ability To Support Women With Disabilities In Business

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

Caverton Champions Sustainable Marine Mobility With Award-winning Research

Dangiwa Assures Contractors Of Payments

CORBON To Register, Train Additional Cadres Of Building Artisans

FirstBank, NiDCOM’s New Platform Targets Safer Homeownership For Nigerians Overseas

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.