How to calculate your own personal inflation rate

personal finance

Inflation increased in August, the highest since September 2005, with consumer prices rising at an annual rate of 20.52%. Rising costs for housing, food, and airfares were among the biggest contributors to that key gauge of inflation. The typical Nigerian family is spending a lot more per month on goods and services than a year … Read more

Nigeria: inflation hits 19.64%, highest in 17yrs

inflation

The National Bureau of Statistics says Nigeria’s headline Inflation Rate is now 19.64 percent, the highest recorded since the year 2005. Statistician-General of the Federation, Prince Semiu Adeniran stated this in the Consumer Price Index report for the month of July 2022 released by NBS in Abuja. The Consumer Price Index – a measurement of … Read more

Canada To Immigrants: No House For You

The Story The Canadian government has announced plans to ban immigrants from buying houses for the next two years. Why? The plan is part of the government’s response to soaring real estate property prices. The measure, which would be contained in Finance Minister Chrystia Freeland’s budget, is expected to help the country provide billions of … Read more