Inflation

Nigeria’s rebased GDP rises to ₦373 trillion but growth lags expectations

Nigeria’s economy is now valued at ₦372.8 trillion in nominal terms for 2024 following...

Ex-President Buhari, who promised change but left Nigerians poorer, dies at 82

Muhammadu Buhari, Nigeria’s former president and ex-military ruler who rose to power in 2015...

Analysis | Why is Nigeria’s stock market booming while the economy isn’t?

Nigeria’s stock market is defying the country’s economic struggles. In the face of 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,...