• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 12, 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

JUST-IN: Inflation Rises To 18.6% In Nigeria

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

Nigeria’s inflation rate rose higher in the month of June 2022 to 18.6 per cent, according to latest figure by the National Bureau of Statistics (NBS).

 

Advertisement

Compared to 17.71 per cent recorded in the previous month, the latest figure grew by 0.84 per cent points, also higher than the 17.75 per cent recorded in June 2021.

 

Nigeria’s inflation rate climbed to its highest level in 65 months (over 5 years), and the fifth consecutive monthly rise. The last time the inflation rate in Nigeria touched the 18.6 per cent ceiling was January 2017, when it stood at 18.72 per cent.

 

RELATED

Cult Activities And Related Matters

5 hours ago
Garba Shehu

Buhari: Bare-Faced Lie At Shehu’s Book Launch

5 hours ago

Food inflation, which is closely watched index also rose to 20.6 per cent in June 2022 from 19.5 per cent recorded in May 2022. The rise in the food index was caused by increases in prices of Bread and cereals, Food products, Potatoes, yam, and other tubers, Meat, Fish, Oil and fat, and Wine.

 

On a month-on-month basis, the Headline inflation rate increased to 1.82 percent in June 2022, this is 0.03 percent higher than the rate recorded in May 2022 (1.78 per cent).

 

The percentage change in the average composite consumer purchasing index (CPI) for the twelve months period ending June 2022 over the average of the CPI for the previous twelve months period is 16.54 percent, showing a 0.62 percent increase compared to 15.93 percent recorded in June 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: Nigeria’s Inflation
SendShareTweetShare
Previous Post

Ethnos Boss, Ejiofor, Bags African Leadership Excellence Award

Next Post

EPL: Manchester United Confirm Second Signing of the Transfer Window

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

News

Cult Activities And Related Matters

2025/07/12
Garba Shehu
Backpage

Buhari: Bare-Faced Lie At Shehu’s Book Launch

2025/07/12
Senate Unveils 37-member Constitution Review Committee
News

Senate Observes One-Minute Silence For 2-year-old Allegedly Killed By NDLEA Operatives

2025/07/12
Edo IDPs Seek Help As Food Scarcity Bites
News

Container Schools Offer Lifeline To IDP Children

2025/07/12
Surpass N18.3trn Revenue Target For 2024, Senate Tells Revenue Generating Agencies
News

Lawyers, Politicians Rally Behind Women’s Reserved Seat Bill

2025/07/12
Adamawa Marks 5th Anniversary With Special Church Service
News

Gov Fintiri Imposes Curfew On Lamurde LG

2025/07/12
Leadership Conference advertisement

LATEST

ADC Presidential Ticket: Atiku, Obi, Amaechi, Others To Sign Agreement

Trump Surveys Texas Flood Damage With 120 Dead, 160 Missing

Visa Cut Not Linked To Reforms, Diplomatic Tensions, Says US Embassy

Cult Activities And Related Matters

Buhari: Bare-Faced Lie At Shehu’s Book Launch

Senate Observes One-Minute Silence For 2-year-old Allegedly Killed By NDLEA Operatives

Container Schools Offer Lifeline To IDP Children

Lawyers, Politicians Rally Behind Women’s Reserved Seat Bill

Gov Fintiri Imposes Curfew On Lamurde LG

Buhari Vows To Be Neutral As Ex-Aides Battle Tinubu

© 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.