Inflation rate in Nigeria

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria – CBN Survey

A recent Central Bank of Nigeria’s (CBN) survey has revealed that respondents identified energy, exchange rate and transportation costs as the top three drivers of inflation in the country. The CBN’s Inflation

Victor Ezeja

July 21, 2025

Nigeria’s Inflation Rate Further Drops To 32.15% In August

Business

Headline Inflation Rate Drops To 23.71% In April

Nigeria’s annual inflation rate dropped to 23.71 per cent in April from 24.23 per cent in March. This reflected a decrease of 0.52 per cent compared to the March 2025 Headline inflation

Victor Ezeja

May 15, 2025

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy

Inflation: CBN Raises Interest Rate To 27.5%

In response to the resurgence of inflationary pressure on Nigeria’s economy, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), has again raised the Monetary Policy Rate (MPR), also known as

Victor Ezeja

November 27, 2024

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy·News

Nigeria’s Inflation Rate Hits 33.88% In October Following Fuel Price Spike

Nigeria’s inflation rate has again recorded an increase following a fresh spike in prices of fuel and other commodities across the country. According to the Consumer Price Index (CPI) report released by

Victor Ezeja

November 15, 2024

Finance & Economy·Opinion

Nigeria Week Ahead: Inflation, Naira And Oil In Focus

Some semblances of stability have returned to global markets after US recession fears created shockwaves last week. Still, concerns over the health of the world’s largest economy linger with investors on high

Lukman Otunuga

August 12, 2024

FEATURES·Finance & Economy

10 Nigerian States With Lowest Cost Of Living In 2024

While the entire country grapples with soaring inflation, there some states in Nigeria that are still better than others in terms of cost of living. This could be determined using data on

Victor Ezeja

May 19, 2024

Nigeria Needs 17% Annual GDP Growth Rate To Achieve $1trn Economy 2030 - Expert

Business·News

Analyst Expresses Optimism That Nigeria’s Economy Won’t Witness Forex Instability In 2024

Economic experts have continued to express optimism that Nigeria’s economy is on the path to recovery and won’t witness the challenges that occured in 2023 caused by Foreign Exchange (Forex) instability and

Victor Ezeja

April 22, 2024

Business·Finance & Economy·News

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

Muhammad Sani Abdullahi, Deputy Governor of Nigeria’s Central Bank, unveiled projections indicating a rise in Nigeria’s inflation rate. Abdullahi’s insights, disclosed during an event at London’s CITI-CEEMA Macro Conference on March 20,

Emmanuel Ochayi

March 21, 2024

I Never Said I’ll Be Vice President To Anyone – Obi

Business·News

CBN’s MPR Hike Will Worsen Economic Challenges, Lead To Jobs Losses – Peter Obi

Peter Obi, has criticised the decision of the Central Bank of Nigeria's Monetary Policy Committee (MPC) to hike the Monetary Policy Rate (MPR) to 22.75 per cent

Victor Ezeja

March 1, 2024

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Opinion

CBN: Confronting Inflation And Other Challenges

In confronting inflation and other economic challenges, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, recently cleared the air and noted that the present CBN management was not responsible for

Arize Nwobu

March 1, 2024

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Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria – CBN Survey

Headline Inflation Rate Drops To 23.71% In April

Inflation: CBN Raises Interest Rate To 27.5%

Nigeria’s Inflation Rate Hits 33.88% In October Following Fuel Price Spike

Nigeria Week Ahead: Inflation, Naira And Oil In Focus

10 Nigerian States With Lowest Cost Of Living In 2024

Analyst Expresses Optimism That Nigeria’s Economy Won’t Witness Forex Instability In 2024

Nigeria’s Inflation Projected To Reach 32.63% Amidst Economic Challenges

CBN’s MPR Hike Will Worsen Economic Challenges, Lead To Jobs Losses – Peter Obi

CBN: Confronting Inflation And Other Challenges

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