Tag

INFLATION

Nigeria's historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.

On the latest episode of Drinks and Mics, Esili Eigbe, Executive Director of Escap Management, joined Ugodre Obi-Chukwu,...
Global commodity prices are on track to fall to their lowest levels to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook.  
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described inflation as the most significant threat to the economic welfare of Nigerians, pledging the CBN’s commitment to reducing inflation to single digits over the medium term.  
The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on an estimated 3.4% expansion in 2024, as reforms begin to show signs of stabilising the macroeconomic environment. 
The cost of preparing one of Nigeria’s most beloved dishes, jollof rice, has climbed steeply from N21,300 in September 2024 to N25,486 in March 2025 
The International Monetary Fund (IMF) has projected that Nigeria’s headline inflation will average 26.5% in 2025, following a recent rebasing of the Consumer Price Index (CPI) by the National Bureau of Statistics (NBS). 
Nigeria’s broad money supply (M3) rose to N114.22 trillion in March 2025, up by 24% year-on-year from N92.19 trillion in the same month of 2024, according to the latest data from the Central Bank of Nigeria (CBN). 
On this episode of Drinks & Mics, your favourite duo Tunji Andrews and Arnold Dublin-Green are back at...
Lagos residents faced a turbulent food market in April 2025 as prices fluctuated across key staples, reflecting the broader inflationary pressure gripping the country. 
Nigeria’s headline inflation rate has increased to 24.23% in March 2025, according to the latest figures from the National Bureau of Statistics (NBS). 
Input cost inflation in Nigeria slowed to its weakest pace in 10 months in March 2025, as businesses...
In Episode 8 of Market Weekly, we unpack Nigeria’s latest inflation dip to 23.18%; a sign of easing...