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Nigeria inflation

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Economy

FG Edges Closer to 15% Inflation Goal as Economists Hail Steady Decline

Nigeria’s efforts to tame inflation have received a major boost as the National Bureau of Statistics (NBS) announced that the country’s headline inflation...

Economy

World Bank Says Nigeria’s Single-Digit Inflation Goal Unrealistic Amid Persistent Economic Pressures

The World Bank has expressed doubts over Nigeria’s plan to bring inflation down to a single digit within a short period, saying the...

News

Presidential Adviser Tope Fasua Assures Nigerians of Single-Digit Inflation as Economy Shows Signs of Stability

The Special Adviser to the President on Economic Matters, Dr. Tope Fasua, has assured Nigerians that inflation will soon reduce to a single-digit...

Economy

NBS Reports Inflation Decline to 21.88% in July, Marks Fourth Straight Drop

Nigeria’s headline inflation rate has recorded another decline, falling to 21.88 percent in July 2025 from 22.22 percent in June, according to fresh...

Lagos Chamber of Commerce and Industry (LCCI)
Economy

LCCI Cautions Nigeria on Inflation Despite Recent Easing

The Lagos Chamber of Commerce and Industry (LCCI) has urged Nigeria to maintain focus on addressing the underlying causes of inflation, even as...

EconomyTop stories

CBN Maintains Interest Rate at 27.50% for Second Time in 2025 Amid Economic Stability Efforts

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has once again opted to keep the country’s benchmark interest rate steady at 27.50...

Inflation Rate December 2024
Economy

Nigeria’s Headline Inflation Hits 34.80% in December 2024, Marking Fifth Year of Rising Prices

Nigeria’s headline inflation rate climbed to 34.80% in December 2024, marking a 0.20% increase from November’s 34.60%, marking fifth year of rising prices...