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According to expert projections, Nigeria’s headline inflation rate is expected to moderate slightly in May 2025, following a marginal easing ...
ABUJA (Reuters) - Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the previous month's figure after the country's price index was ...
Nigerian inflation quickened to a new 18-year high ... adding pressure on the central bank to raise interest rates. Consumer prices rose 27.3% from the prior year, compared with 26.7% in September ...
Moreover, on a month-on-month basis, the inflation rate surged to 2.64 per cent in ... and underlying structural constraints can Nigeria chart a path towards economic stability and prosperity ...
The high inflation rate in Nigeria dropped slightly in August, but a decline in the value of the nairia and a continued increase in fuel prices are eroding the slight gains and threatening to ...
What is inflation rate rebasing and how is it done? Inflation rate rebasing follows a structured approach led by the National Bureau of Statistics to improve the accuracy of inflation measurements.
Nigeria's headline inflation rate is forecasted to average 30.5 per cent year-on-year in 2025, eventually settling at 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC ...
(Bloomberg) -- Nigeria’s inflation rate climbed more-than-anticipated to a near 28-year ... (Updates with comment in paragraph five and adds chart. An earlier version corrected paragraph seven to make ...
THE persistent uptrend in inflation has significantly bolstered investor demand for higher yields in Nigeria’s fixed-income ... food production NGX Group CEO charts market vision at Ethiopian ...
The economic think tank group noted that Nigeria’s inflation, which stood at 34.60 percent in November 2024, could cool off in an expected reduction in exchange rate volatility and likely ...
High food prices and a weaker naira are the main drivers of inflation in Nigeria, analysts say. The central bank raised interest rates in May for the third time this year in response to the ...