Independent Media and Policy Initiative (IMPI), a prominent Nigerian policy think-tank, predicts that Nigeria’s headline inflation will decrease to 17% by December 2025, according to a statement released on...
inflation
Central Bank of Nigeria (CBN) Governor, Mr. Yemi Cardoso, attributed the reduction in June’s headline inflation to stabilized energy prices and a steady foreign exchange market. Speaking in Abuja...
By JOY ADARA, Abuja- National Bureau of Statistics (NBS) announced that Nigeria’s headline inflation rate eased to 22.22% in June 2025, marking a 0.76% decline from May’s 22.97%. This...
By JOY ADARA, Abuja- Nigeria’s headline inflation rate has further eased to 22.97% in May 2025, representing a 0.74% decline from the 23.71% recorded in April 2025, according to...
World Bank has cut its global growth forecast for 2025 to 2.3%, citing mounting trade tensions and policy uncertainty, with growth forecasts being cut in nearly 70% of economies...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.71 per cent in April 2025. The NBS disclosed this in its Consumer Price Index (CPI)...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the Federal Government plans to reduce inflation rate to single digit and create more...
President of the Nigeria Labour Congress (NLC), Mr Joe Ajaero, on Friday bemoaned the effect of inflation on the minimum wage in the country. Ajaero speaking at the first...
The National Bureau of Statistics (NBS), has said Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The NBS disclosed this in its Consumer Price Index...
Group Managing Director, United Bank for Africa (UBA), Mr Oliver Alawuba, has said Nigeria requires a double-digit Gross Domestic Product (GDP) growth to achieve the projected one-trillion dollar economy...
Nigerian consumers can now pay old prices in future despite increase in price, so long as they locked in the price at a time in the past. This is...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The NBS disclosed this in its Consumer Price Index (CPI)...
The National Bureau of Statistics (NBS), has introduced special inflation indices to its monthly Consumer Price Index (CPI) Report. The Statistician-General (S-G) of the Federation, Adeyemi Adeniran, made this...
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline inflation recorded in...
Donald Trump has pleaded to end inflation, lower costs, secure America’s border, and restore peace through strength as he was sworn in as the 47th president of America. Trump...
Egypt is stepping up diplomatic engagement with African nations as it seeks to bolster security in the strategically vital Horn of Africa and Red Sea region. Ongoing conflicts in...
An economist, Prof. Sherifdeen Tella, has urged the Federal Government to move beyond tackling the structural challenges in the economy to reduce the inflation rate in 2025. Tella, Head...
Nigeria’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024, the National Bureau of Statistics (NBS) said Monday. The November inflation rate showed an...
Statistics South Africa on Wednesday said South Africa’s inflation rate dropped in October to its lowest level since the peak of the COVID pandemic. Statistics South Africa said falling...
Subscribers to pay TV services have berated MultiChoice Group for announcing that its Nigerian unit, MultiChoice Nigeria, lost 243,000 subscribers on its Digital Satellite Television (DStv) and GOtv services...
