Breaking News
Lagos Traders Say Prices Still Rising Despite Inflation Rate At 18.02%
Nigeria’s inflation rate fell to 18.02% in September 2025, the lowest in three years, but traders in Lagos say market prices
20 October 2025
Inflation
Breaking News
Food Price Drop Causes Inflation Rate Drops to 18.02% in September
Nigeria’s inflation rate drops to 18.02% in September 2025 as food prices fall, naira stabilizes, and logistics costs ease
16 October 2025
Business
Nigeria’s Inflation Expected to Ease Slightly in July 2025 – Experts
Nigeria’s inflation is projected to ease slightly in July 2025, with estimates between 22.20% and 22.80%. Experts cite harvest gains and naira stability
14 August 2025
Business
Inflation Rate Drops to 22.22% in June 2025, Despite Rise In Food Cost
Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
17 July 2025
Business
IMF Projects Nigeria’s Inflation to Average 37% in 2026
IMF forecasts Nigeria’s inflation to average 26.5% in 2025 following CPI rebasing, with renewed pressure expected in 2026 may spike to 37.0%.
23 April 2025
Business
Nigeria’s Inflation Rises Unexpectedly to 24.2% in March 2025
Nigeria’s annual inflation surged to 24.2% in March, up from 23.2%, driven by a weakening naira and falling oil prices amid global trade tensions.
15 April 2025
Business
Cost of Living Eases as Food Prices Drop, Experts Warn of Short-Term Relief
Nigeria sees a decline in food prices, easing financial strain on households, but farmers warn the relief may be temporary due to rising production costs.
26 February 2025
Business
CBN Targets Single-Digit Inflation as MPC Maintains Interest Rate at 27.5%
CBN inflation control strategy aims to bring inflation rate down to a single-digit level as CBN Governor reaffirmed the MPC meeting decision
21 February 2025
Breaking News
Nigeria’s Inflation Rate Drops to 24.48% in January 2025
Nigeria’s inflation rate drops to 24.48% in January 2025, down from 34.80% in December 2024, following the rebasing of the Consumer Price Index (CPI)
19 February 2025
Business
World Bank Warns of Worsening Global Food Insecurity, Calls for Urgent Interventions
The World Bank highlights worsening global food insecurity, with over 280 million people facing acute hunger daily.
15 February 2025
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