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Inflation Rate Drops to 15.91% in June

Nigeria’s headline inflation rate came in at 15.91 per cent in the month of June, down from 15.93 per cent in May of 2026, according to data released by the National Bureau of Statistics (NBS), marking the first drop in three months.

Inflation Risks Nigeria’s Poverty Reduction Progress – IMF

Inflation Risks Nigeria’s Poverty Reduction Progress – IMF   The International Monetary Fund (IMF) has warned that rising prices of essential goods could deepen poverty and worsen food insecurity in Nigeria despite recent improvements in the country’s macroeconomic stability. The warning was contained in the IMF’s July...

In Three Months, Manufacturing Sector Remits N330bn in VAT

In Three Months, Manufacturing Sector Remits N330bn in VAT   Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax in the first quarter of 2026, the highest quarterly VAT contribution by the sector in four years and the largest share recorded by any economic...

Manufacturing CIT Falls 68% in Q1 2026

Company Income Tax (CIT) payments by Nigeria’s manufacturing sector fell sharply by 68.25% year-on-year to ₦74.48bn in Q1 2026

Crude Export Earnings Fall ₦1.75tn in Q1 – NBS

Nigeria’s crude oil export earnings fell by ₦1.75 trillion in Q1 2026, despite a rally in global oil prices, according to the National Bureau of Statistics (NBS).

How Inflation Increased to 15.93% in May – NBS

Headline inflation has climbed to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS).Â