By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September; its lowest point in three years. The CBN Governor, Yemi Cardoso, said this in a statement on Thursday in Washington. Cardoso cited new data, releasedContinue Reading
By Lucy Ogalue The Independent Media and Policy Initiative (IMPI), a Nigerian policy think-tank, has projected that Nigeria’s headline inflation will fall to 17 per cent by December. The IMPI Chairman, Dr Omoniyi Akinsiju, in a statment on Wednesday, said the projection would be recorded, following consecutive declines that broughtContinue Reading
By Nana Musa The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government plans to reduce inflation rate to single digit and create more jobs. Edun stated this during a press conference addressed by the Nigerian economic team, as part of activitiesContinue Reading
By Fortune Abang Mr Muhammad Aimen, an investment analyst at KTrade Securities, stated on Saturday that the surge in U.S. inflation to 3 per cent could pose economic challenges to global trade. KTrade Securities is a Pakistan-based stock and commodity firm. Aimen shared his insights during the global virtual analysisContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 24.48 per cent in January 2025. This is contained in the Consumer Price Index (CPI) rebased results released in Abuja on Tuesday. The News Agency of Nigeria (NAN) reports that the headline inflation rateContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in December 2024. The CBN Governor, Yemi Cardoso, made this known at the 2025 Monetary Policy Forum of the apex bank on Thursday in Abuja. The forumContinue Reading
By Okeoghene Oghenekaro The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.88 per cent in October 2024. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October 2024, which was released in Abuja on Friday. According to the report, theContinue Reading
By Okeoghene Oghenekaro The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 32.70 per cent in September 2024. The Statistician-General of the Federation, Adeyemi Adeniran, revealed this in a statement issued on the Consumer Price Index (CPI) and Inflation Report for September 2024 in Abuja onContinue Reading
