NBS: Price of 5kg cooking gas rises by 7.69% m-o-m to N7,885 in April 2025
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) rose by 7.69% month-on-month, increasing ...
Tag: Nigeria’s inflation rate
PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS
The average retail price paid by consumers for Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,239.33 in ...
Naira’s outlook brightens on lower inflation reading, FX remittance policy
The fundamentals of the Nigerian currency have improved amid lower headline inflation readings and ongoing reforms by the Central Bank ...
Nigeria’s inflation rate eases to 23.71% in April 2025
Nigeria’s inflation rate eased to 23.71% in April 2025, down from 24.23% recorded in March.
World Bank projects 22.1% inflation for Nigeria in 2025
Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...
Naira prospects dim as inflation rate hit three decade-high
Naira weakened in the official market while Nigeria's headline inflation readings rose to a three-decade high in May, worsening the ...
Naira breaks key resistance amid improved dollar supply, weak inflation readings
The naira clawed back some of its losses against the dollar amid prospects for rate cuts in the world's largest ...
Detty December: Nigeria’s inflation rate on track for its worst level in over 27 years
The National Bureau of Statistics (NBS) released Nigeria's monthly Consumer Price Index (CPI) report for Nigeria last week Friday, revealing ...
Insights: Why fuel subsidy removal may push Nigeria’s inflation rate to 30% in June 2023
KPMG Nigeria has said that the fuel subsidy removal may likely push Nigeria’s inflation rate to about 30% for June ...
MPR: Why CBN will need to raise rates again
To address the inflationary challenges, the CBN needs to implement additional measures, including a more flexible exchange rate regime.
