Nigeria’s Inflation Drop To 23.71%
Nigeria’s inflation rate has eased slightly to 23.71% in April 2025, down from 24.23% in March. This is according to the latest Consumer Price Index released by the National Bureau of Statistics. The monthly inflation rate also dropped to 1.86%, compared to 3.90% in March, signaling a slowdown in price increases across the country. Food […]
Nigeria’s Inflation Rises To 24.23% In March
Nigeria’s headline inflation rose to 24.23 per cent last month, up from 23.18 per cent recorded in February. According to the latest data released by the National Bureau of Statistics, the figure represents a 1.05 percentage point increase. The NBS noted that the major drivers of the inflation rate were food and non-alcoholic beverages, which […]
Nigeria’s Inflation Drops to 23.18% in February 2025
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The drop, according to NBS, was due to the drop in the prices of some food items, including beans, maize, cassava, among others. In its Consumer Price Index (CPI) and Inflation Report for February 2025, which […]
