Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, marking a slight improvement over the 3.86 per cent recorded in the same period of 2024, according to the latest Gross Domestic Product report released by the National Bureau of Statistics on Monday.

Nigeria’s public debt stock increased from N149.38 trillion (97.23 billion dollars) in the first quarter of 2025 to N152.39 trillion (99.65 billion dollars) in the second quarter of 2025.

The National Bureau of Statistics, NBS, today said headline inflation rate eased by 1.97 percentage points to 16.05 percent in October from 18.02 percent in September 2025.

‎Headline Inflation Expected to Ease to 16.84% in October ‎Nigeria’s headline inflation rate is projected to ease further to 16.84 percent year-on-year in October 2025, down from 18.02 percent in September, reflecting a 1.18 percentage point decline, according to the Access Bank Economic Intelligence Unit. ‎The...

Rising Food Imports Expose Weak Local Capacity — Report Food and beverage imports increased to N677.3bn in the first half of 2025, a 44.48 per cent rise from N468.76bn in the same period of 2024, calling for stronger government support to enhance local industry capacity...

Inflation Falls to 18.02% as Food, Logistics Costs Ease Nigeria’s inflation rate fell sharply to 18.02% in September, marking its biggest decline in recent years, driven by lower food prices, a more stable naira, and reduced logistics costs that eased pressure on household spending. The National...