A significant majority of Nigerian households and businesses believe that the current inflation rate is high. This is according to ...

Inflation in Nigeria is expected to experience a significant decline in 2025 as the impact of Cen­tral Bank of Nigeria (CBN), reforms continue to drive growth and development in key sectors of the ...

As the National Bureau of Statistics (NBS) prepares to unveil Nigeria’s rebased Consumer Price Index (CPI), analysts, ...

Nigeria’s annual inflation rate climbed to a near 29-year high in December, before an overhaul of the data later this month that may lower the gauge. Consumer prices rose 34.8%, compared with 34 ...

Nigeria’s average inflation rate increased to 34.80% in December ... “We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God ...

ABUJA (Reuters) -Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...

Inflation in Nigeria today has become a huge challenge, affecting businesses, consumers, and the overall economy. As ...

The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...

Research Think Tank Oxfam put Nigeria’s poverty rate at 133 million persons as at October 2024. In 2023, when the country’s inflation rate was not as high as the current rate, the World Bank ...

The managing director/CEO of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has projected that a stable foreign ...

Coalition of Human Rights Monitoring Groups said the Nigeria Labour Congress's (NLC) planned protest against 50% telecom ...