Inflation
4 days ago
Adewole Adebayo was the Presidential candidate of the Social Democratic Party (SDP) in the 2023 General elections.
3 Mar
Nigeria’s economy is currently navigating through a landscape marked by numerous challenges. At the forefront of addressing these issues is the Central Bank of Nigeria (CBN), which has taken on a crucial role in stabilising the nation’s economy amidst these turbulent times.
27 Feb
In the last few days, especially after the National Bureau of Statistics (NBS) released its figures on the rebased CPI , which indicated a reduction in inflation figures from 32.5% in December 2024 to 24.5% in January 25, experts have reasonable predicted a considersble difference in the rebased GDP figures when it is released which…
23 Feb
Nigeria’s urban centres are experiencing higher inflation rates than rural areas following the rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics (NBS) has revealed. According to the NBS report, urban inflation stood at 26.09 per cent, while rural inflation was recorded at 22.15 per cent in January 2025. The gap shows…
21 Feb
Despite the newly rebased economy that brought inflation down from 34.8 per cent to 24.48 per cent in December last year, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has restored all the rate parameters.
21 Feb
Small and medium enterprises (SMEs) in Nigeria are leveraging digital payments, innovation, and partnerships to expand their reach and strengthen business operations, according to the third edition of the Mastercard SME Confidence Index.
21 Feb
The expectation of a decrease in car prices may prove to be an unrealistic dream as inflation, import tariffs, and duties continue to push prices up.
20 Feb
Experts said Nigeria's ability to manage inflation effectively will depend on a combination of fiscal discipline, exchange rate stability and structural reforms aimed at improving domestic production and addressing supply-side bottlenecks.
19 Feb
The National Bureau of Statistics (NBS), yesterday, released the long-awaited rebased Consumer Price Index (CPI), reducing the weight of food composite by over 22 per cent.
14 Feb
The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests
11 Feb
Comercio Partners has put Nigeria’s rebased inflation rate at between 15 and 20 per cent in its base-case projection. This puts the mid-point estimate at 17.5 per cent.
9 Feb
Many residents of the Federal Capital Territory (FCT) say the rising cost of living is troubling as it has put a strain on household budgets, living standards. The residents told the News Agency of Nigeria (NAN) on Sunday in Abuja that increased transportation fares, food prices, electricity bills, and proposed telecommunication tariff hikes posed a…
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