Inflation

Billions unaccounted for in Nigeria’s books as IMF flags data gaps

Nigeria is struggling to account for billions of dollars in its official trade and...

More pain ahead as IMF predicts 37% inflation for Nigeria in 2026

Nigeria’s economic will likely deepen in the coming year as the International Monetary Fund...

In NBS’ new inflation formular, food prices rise count less

Nigeria’s National Bureau of Statistics (NBS) announced a significantly lower inflation rate on Tuesday...

Nigerian govt announces dramatic drop in inflation after rebasing

The National Bureau of Statistics has announced a significantly lower inflation rate for Nigeria...

Punishing cost of living crisis deepens as Nigeria’s inflation rises again

Nigeria’s annual inflation rate rose to 34.8% in December 2024 from 34.6% in November,...

Nigeria’s inflation continues rise in November; at highest since 1996

Inflation in Nigeria surged to 34.60% in November, marking the highest rate since 1996,...

Nigeria’s inflation eases for the first time in 18 months

Nigeria's annual inflation rate eased in July for the first time in 18 months,...

Nigeria’s inflation soars to 33.67%, piling pressure on consumers

Nigeria's inflation rate continued its relentless climb in April 2024, reaching 33.69%, according to...

Nigeria inflation soars again but shows sign of slowdown

Nigeria's inflation rate hit a multi-decade high of 33.20 percent in March when measured...

What CBN’s interest rate hike means for you

The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in...