HomeTagsInflation

Tag: Inflation

Inflation Drops for Fifth Consecutive Months to 20.12%

The National Bureau of Statistics (NBS) says Nigeria’s inflation rate declined to 20.12 percent in August — down from 21.88 percent in July.

Nigeria’s Inflation Rate Drops to 21.8%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 21.88 percent in July 2025, down from 22.22 percent June.

Inflation Drives Manufacturing Expenses to N2.6trn

The cost of sales for 12 manufacturing companies in Nigeria, in the first half of 2025, grew from the N2.18tn recorded in the corresponding period of 2024 to N2.6tn this year, representing an increase of 19.68 per cent.

High FAAC Raises Inflation Concerns – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system.

Inflation Rate Eases to 22.22% in June

Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).

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.