Tag
INFLATION
Nigeria's historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
Renowned economist and Managing Director of Financial Derivatives Company (FDC), Bismarck Rewane, has warned about Nigeria’s inflation trajectory, stating that failure to address structural economic issues could lead to a dangerous escalation in price levels.
In the latest episode of Drinks and Mics, our hosts returned with a round of hot takes, cold...
An economic expert has projected a potential further decline in Nigeria’s inflation rate in 2025, citing a combination of government policies and improving macroeconomic conditions.
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.
Nigerians imported fewer passenger cars in 2024 as rising inflation and the sharp depreciation of the naira made...
A financial expert has cautioned the Federal Government against manipulating economic data to create a misleading impression of economic stability, arguing that inconsistent statistics could damage the credibility of the National Bureau of Statistics (NBS).
The Central Bank of Nigeria (CBN) has projected a 4.17% Gross Domestic Product (GDP) growth for 2025, attributing this positive outlook to fiscal and monetary reforms aimed at stabilizing the economy.
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for its decision to pause rate hikes.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about the country’s economic trajectory, stating that inflation is on a downward trend and key economic indices are showing positive signs.
The recent Consumer Price Index (CPI) adjustment by the National Bureau of Statistics (NBS) could boost investors’ confidence in the nation’s economy but may not immediately ease the cost of living among Nigerians.
Nigeria’s inflation rate dropped to 24.48% in January 2024, down from December’s 34.80%—but is this a real decline...