…Food inflation drops to 23.51% as price pressures ease …February inflation slows, but high prices persist — CPPE …Debt service drops to $276m in February 2025 — CBN By Seun Ibiyemi Nigeria’s inflation rate has recorded a second consecutive monthly…
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for February 2025, which was released in Abuja…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has commented on the sharp decline in Nigeria’s inflation rate, cautioning that while the figures show a significant drop, the cost of living remains a major concern. According…
The Nigerian government’s proposed increase in the 2025 budget, from N49.7 trillion to N54.2 trillion, is a double-edged sword. While an increase in the budget size might be crucial for addressing pressing national issues, it comes with a significant risk…
The World Bank Group says the Central Bank of Nigeria (CBN) must sustain efforts to tackle inflation. Sameer Matta, senior economist for Nigeria at World Bank Group, spoke at the recent launch of the 2025 macroeconomic outlook of the Nigerian…
The NESG-Stanbic IBTC Business Confidence Monitor (BCM) report has projected that Nigeria’s inflation rate will decline to 27.1% by December 2025, providing a glimmer of hope for businesses and consumers grappling with persistent economic challenges. This forecast reflects a cautious…
After years of economic turbulence, Nigeria’s financial outlook for 2025 is beginning to look promising, with experts predicting a stabilisation of the naira, a decline in inflation, and a reduced Monetary Policy Rate (MPR). These optimistic projections stem from a…
…vows to boost food production, promote local manufacturing of drugs By Ismail Azeez, Osogbo President Bola Ahmed Tinubu has said his administration is committed to intensifying efforts to boost Nigeria’s economy to improve the lives of the citizens in 2025.…
The Tax Reform Bills currently under consideration in the National Assembly will address some key Nigeria’s economic challenges, including inflation and illicit financial flows. This was made known by the Chairman of the Presidential Tax Reform and Fiscal Policy Committee,…
Nigeria’s imported food inflation surged to 42.29 per cent in November 2024, according to the Consumer Price Index report released by the National Bureau of Statistics. This represents a significant rise from 23.74 per cent recorded in November 2023, marking…
