Businesses across multiple sectors are adjusting prices upward as inflation and foreign exchange volatility continue to raise operating costs. The cost of electricity, data, fuel, and...
Nigeria’s inflation rate declined for the second consecutive month in February as efforts to slow doing costs of living have started materialising. The latest data from...
Nigeria’s central bank is expected to keep its benchmark interest rate steady at 27.5% on Thursday, against the aggressive tightening it has been practicing since 2022....
Nigeria’s annual inflation rate has been adjusted to 24.48% for January 2025 following a rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics...
Comercio Partners has projected Nigeria’s rebased inflation rate to range between 15% and 20% in its base-case scenario for 2025 with a mid-point estimate of 17.5%....
Nigeria’s inflation rate rose to 34.80% in December 2024 from 34.60% recorded for the month of November, according to the National Bureau of Statistics (NBS). This...
Nigeria’s inflation rose to 34.60 percent in November 2024 spurred by increases in food and electricity costs, according to the latest data by the National Bureau...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the bank’s efforts to tame inflation and pressures on the foreign exchange...
Nigeria’s inflation continued its upward trend in October 2024 as the price of food, electricity, and fuels pushed the headline inflation to 33.88 percent relative to...
Nigeria’s inflation rate rose in September 2024 for the first time in three months, advancing to 32.70 percent in annual terms from 32.15 percent in August....