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Tag: Inflation

Nigeria’s Inflation Drops to 22.97%

The National Bureau of Statistics (NBS), on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent.

Headline Inflation Drops to 23.7%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate slightly dropped to 23.71 percent in April 2025 – down from the 24.23 percent in March.

Nigeria Records Fastest Economic Growth in 10 Years — World Bank

Nigeria’s economy grew at the fastest rate in a decade last year, the World Bank said Monday, thanks to the reforms introduced by the government, but it warned inflation remains high.

Despite CBN Efforts to Tame Inflation, Money Supply Surges by 24%

Nigeria’s broad money supply (M3) jumped 24 percent to an all-time high of N114.2 trillion in March 2025, defying the Central Bank of Nigeria (CBN)’s ongoing monetary tightening efforts aimed at reining in inflation.

Inflation Rises to 24.23% in March

Nigeria’s headline inflation rate rose to 24.23 percent in March, the National Bureau of Statistics (NBS) has stated.

Surviving Nigeria’s Harsh Business Climate, by Fatimah Yusuf Usman

The cost of doing business in Nigeria has never been more daunting. Like an unrelenting tide, inflation surges forward, sweeping away profit margins and leaving a trail of struggling enterprises in its wake.