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Nigeria’s headline inflation rate is anticipated to average 30.5% year-on-year in 2025, ultimately decreasing to 27.1% by December. This forecast, as outlined in the recent Nigerian...
Based on the highest cost of living, Bauchi, Kebbi, and Sokoto are currently the most expensive states in Nigeria, as reported by the National Bureau of...
The surge in food and fuel prices has driven Nigeria’s inflation rate to 33.88% in October 2024, up from 32.70% in September, according to the latest...
The poultry industry in Nigeria has witnessed significant growth in recent years, driven by increasing demand for poultry products. However, the sector has been grappling with...
Nigeria’s inflation rate increased to 32.7 per cent in September, marking a reverse from two consecutive months of decline, where it stood at 32.15% in August....
Nigeria’s headline inflation rate fell to 33.2 percent in August 2024, marking a decrease of 1.25 percentage points from the 33.4 percent observed in July 2024....
Nigeria’s inflation rate dropped to 33.40% in July 2024, according to the latest figures released on Thursday by the National Bureau of Statistics (NBS). The rate...
The Nigeria Economic Summit Group (NESG) has expressed concerns regarding the escalation of inflationary pressures within the Nigerian economy, attributing this to the escalating costs of...
The Nigerian Presidency believes the economy is getting better, even with the inflation rate climbing to 33.69%. Naija News reports that the Special Adviser to the...
According to the latest consumer price index and inflation report released by the National Bureau of Statistics (NBS), Nigeria has again experienced a surge in inflation,...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has suggested that interest rates will remain elevated until the inflation rate decreases. According to...
President Bola Ahmed Tinubu has assured Nigerians that his administration will do everything possible to bring down the rising inflation rate. In his address, while hosting...
Nigeria’s inflation rate is anticipated to surge to 32.77 percent this month, driven by escalating food prices and harvest depletion, according to projections from Cordros Capital...
The National Bureau of Statistics (NBS) has revealed in it’s latest report that Nigeria’s inflation rate skyrocketed by 31.6% in the month of February. According to...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Friday, defended the apex bank by stating that it is already taking measures to...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the country’s inflationary rate will drop from 28.92 per cent to 21.4 per...
The Central Bank of Nigeria (CBN) said its monetary policy reforms are beginning to yield results and positively affect the economy. The Director of the Corporate...
Daniel Bwala, aide of former Vice President Atiku Abubakar, has reacted to the rise in the inflation rate from 22.79 percent in June to 24.08 percent...
The National Bureau of Statistics (NBS) has said Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, making it the highest recorded leap in...
The National Bureau of Statistics (NBS) has said the Consumer Price Index (CPI) rose to 22.41 percent in May 2023, up from 22.22 percent in the...