Tag
INFLATION RATE
News and analysis about inflation rate
The headline inflation rate in Nigeria experienced a slight increase, reaching 34.80% in December 2024, as reported by the National Bureau of Statistics.
The National Bureau of Statistics (NBS) stated during a workshop this January that the inflation rate for December...
The NESG-Stanbic IBTC Business Confidence Monitor (BCM) report has projected that Nigeria’s inflation rate will decline to 27.1% by December 2025, providing a glimmer of hope for businesses and consumers grappling with persistent economic challenges.
President Bola Tinubu has restated his administration’s unwavering commitment to reducing the inflation rate from 34.6% to 15% by the end of 2025.
Renowned economist and CEO of Economic Associates (EA), Ayo Teriba, has said that Nigeria’s inflation rate can be driven down to 5% by 2025 if the Federal Government successfully attracts $50 billion in foreign direct investment (FDI).
President Bola Tinubu has declared the Federal Government's commitment to reducing Nigeria's inflation rate from 34.6% to 15% by the end of 2025.
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country.
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18%-point month-on-month increase.
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase.
Nigeria’s inflation rate for the month of October is expected to rise according to comments from a pool of economists surveyed by Nairametrics.
Nigeria's headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024.
Nigeria's headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month.