The National Bureau of Statistics (NBS) on Monday said Nigeria’s inflation rate declined marginally from 15.1 percent in January to 15.06 percent in February. The data is captured in the NBS consumer…
Read More Nigeria’s inflation rate drops to 15%
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Nigeria’s inflation rate now 15.15% – NBS
Nigeria’s headline inflation rate eased to 15.15 per cent in December 2025, capping a year marked by slowing price pressures and early signs of stabilisation across key sectors of the…
Read More Nigeria’s inflation rate now 15.15% – NBS
IMF projects decline in Nigeria’s inflation to 26%
Our reporter/ The International Monetary Fund (IMF) on Tuesday predicted that Nigeria’s inflationary pressure will ease to 26 percent this year. The Bretton wood institution made the prediction while speaking…
Read More IMF projects decline in Nigeria’s inflation to 26%
CBN raises interest rate to 24.75 percent
Our reporter/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor…
Read More CBN raises interest rate to 24.75 percent
CBN’s policy will make Nigeria’s inflation rate drop to 21% in 2024 – Cardoso
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92 per cent to 21.4 per cent in 2024. Mr Cardoso said…
Read More CBN’s policy will make Nigeria’s inflation rate drop to 21% in 2024 – Cardoso