'Rising Inflation May Halt Interest Rate Reduction'   Members of the Organised Private Sector have expressed fear that the recent uptick in Nigeria’s inflation rate risks shattering initial hopes of a reduced interest rate. According to the National Bureau of Statistics, the country’s headline inflation rose to...

IMF Projects Nigeria's Inflation to Rise 37% in 2026  The International Monetary Fund has projected Nigeria’s headline inflation to rise sharply to 37 per cent in 2026. IMF which issued the forecast in its April 2025 World Economic Outlook report released on Tuesday, said the new...

Nigeria’s headline inflation rate rose to 24.23 percent in March, the National Bureau of Statistics (NBS) has stated.

Maritime Exports Outpace Imports by 39% in 2024 - NBS   Goods exported via maritime transport exceeded imports in the same category by 39.76 per cent in 2024, a sharp deviation from other modes of foreign trade transport. This highlights the fact that importers avoided delay...

The National Bureau of Statistics (NBS), in its latest report released on Monday, said the country’s headline inflation rate dropped to 23.18 per cent.

Nigerians imported fewer passenger motor cars in 2024 as rising inflation and the continued naira depreciation.