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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.
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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).
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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.
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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.
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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.
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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.
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