Nigeria’s health inflation rate eased to 17.50% in February 2025, reflecting a slowdown in the pace of price increases for medical goods and services.
Nigeria’s food inflation rate slowed to 23.51% in February 2025, marking a significant decline from the 37.92% recorded in February 2024, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS).
The latest inflation data highlight the states where the cost of living is rising the fastest, with food prices playing a crucial role in many regions.
Nigeria’s annual inflation eased for the second consecutive month, stoking optimism that price pressures have peaked and will continue to moderate, Bloomberg reports.
The Nigerian pension industry witnessed varied performances across different Retirement Savings Account (RSA) funds in February 2025.
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February 18 and 19, 2025.
Analysts at CardinalStone have projected an optimistic outlook for consumer goods stocks throughout February 2025, amid a series of financial statements released in late January and early February.
