Tag: Inflation

Nigeria's Economic Woes Drive Foreign Investors to Dump N455bn Worth of Stocks   Foreign investors withdrew N455.62bn from the Nigerian stock market in 2024, significantly outpacing total inflows and reinforcing concerns about investor confidence despite the Central Bank of Nigeria’s efforts to stabilise the naira. Industry experts...

Selling price inflation in the private sector in Nigeria slowed to a seven-month low in February, according to the latest Stanbic IBTC Bank.

The effects of inflation became manifestly apparent over the past two years, when it soared to a dizzying 34.8%. Whilst this figure falls short of the astronomical 72.84% recorded in 1995.

Why we Projected Moderation in Inflation, Maintained Key Rates - CBN   The Central Bank of Nigeria (CBN) has expressed optimism about a gradual drop in inflation rates, citing recent macroeconomic developments that are expected to positively impact price dynamics in the near to medium term. CBN...

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent.

Petrol Export Holds Key to Reducing Inflation, Says LCCI   The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to increase domestic crude oil refining and petrol export. This strategy is expected to help the government achieve its goal of reducing inflation...