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.
NBS Launches Crowd-sourced Data to Boost Real Time Tracking
The National Bureau of Statistics (NBS) has announced the launch of a data centre for prices of food commodities.
A statement by NBS Head of Public Relations, Folorunso Alesanmi said the prices are compiled through a groundbreaking...
'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 2026Â
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...
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...