The Federal Government says the gradual decline of headline inflation rate, as reported by the National Bureau of Statistics (NBS), is not by chance, but benefit of the administration’s reforms and focused interventions. The Minister of Information and National Orientation, Alhaji… Inflation decline, not by chance – FG …C0NTINUE READING HERE >>>>
The National Bureau of Statistics (NBS) has released inflate rate figures for the month of April 2025, disclosing that headline inflation rate eased to 23.71% relative to the March 2025 headline inflation rate of 24.23%. TheNewsGuru.com (TNG) reports NBS released the inflation rate… BREAKING: NBS releases fresh inflation rate figures …C0NTINUE READING HERE >>>>
Nigeria’s inflation dropped to 23.7 percent in April, from 24.23 percent in March 2025. The National Bureau of Statistics, NBS, disclosed this in its April Consumer Price Index and inflation data released on Thursday. The figure showed that Nigeria’s inflation cooled off… BREAKING: Nigeria’s inflation rate drops to 23.7% …C0NTINUE READING HERE >>>>
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated that the focus of the apex bank is to bring down the country’s inflation to single digits in the medium term. Cardoso disclosed this at the conclusion of the 2025 International Monetary Fund and… CBN focusing on bringing down inflation — Cardoso …C0NTINUE … Read more
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 activities… FG to reduce inflation, create more jobs – Edun … Read more
The International Monetary Fund (IMF) has said a tight monetary policy stance is required to firmly guide inflation down in Nigeria. Axel Schimmelpfennig, IMF’s mission chief for Nigeria, said this in a statement on Friday following his visit to hold discussions for the 2025 Article… IMF tells FG to tighten monetary policy over inflation concerns … Read more
The naira appreciated against the dollar at the official foreign exchange market on Tuesday, despite the high inflation rate. Data from the Central Bank of Nigeria showed that the naira strengthened to N 1,598.95 per dollar on Tuesday, compared to the N1,604.48 it traded at on… Naira appreciates against dollar despite spike in inflation …C0NTINUE … Read more
Nigeria’s headline inflation rate rose to 24.23% in March 2025, according to the official government data source, the Nigeria Bureau of Statistics (NBS). The rise in the country’s inflation rate, from 23.18% back in February 2025 to 24.23% in March 2025, reflected a major increase… Nigeria’s inflation increases to 24.23% in March 2025 …C0NTINUE READING … Read more
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate increased to 24.23 percent in March after months of respite. The NBS announced the increase in its Consumer Price Index (CPI) for March, released on Tuesday. The new rate indicates an upward… BREAKING: Despite rebase, Nigeria’s inflation rate rises to 24.23% …C0NTINUE READING … Read more
Economist Bismarck Rewane has warned that the recent increase in petrol prices in Nigeria could lead to a rise in the country’s inflation rate, which currently stands at 23.18%. While the full effects have yet to materialize, Rewane expressed concern about potential economic… Economist Warns Of Inflation Surge Following Petrol Price Hike …C0NTINUE READING HERE … Read more