Nigeria’s inflation

Nigeria’s inflation outlook is forecast to decline in 2026, dropping to 15.04 per cent in January, about 0.14 points lower than the 15.15 per cent reported in December 2025. The National Bureau of Statistics is set to release the January…

Nigeria’s headline inflation rate eased again in December 2025, dropping to 15.5 per cent from 17.33 per cent. This marks a continued slowdown in price pressures toward the year’s end, according to the latest Consumer Price Index (CPI)…

Nigeria’s inflation crisis worsened in March 2025, with the headline inflation rate climbing to 24.23 per cent, up from 23.18 per cent in February, according to the latest report from the National Bureau of Statistics (NBS). The Consumer…

Nigeria's three major cement firms cumulatively recorded N5.153 trillion in revenue in 2024, but the surge in operational costs to N4.494 trillion, driven by macroeconomic pressures kept their profits at N659 billion. Dangote…

Nigeria's inflation rate has decreased to 24.48 per cent in January 2025 following the rebasing of the Consumer Price Index (CPI), down from 34.80 per cent under the previous methodology used in December 2024. According to the latest…

Nigeria's inflation rose 34.60 per cent in November 2024 over the 33.9 per cent of the previous month, driven by food inflation which peaked at 39.93 per cent according to the latest Consumer Price Index (CPI) report of the National Bureau…

Nigeria's inflation rate revved up the second straight month in October 2024, climbing to a four-month high of 33.9 per cent from it peak of 32.7 per cent in September. The rise was driven primarily by escalating food prices, soaring…

Nigeria’s inflation peaked at 34.19 per cent in June 2024, spurred by rising food prices which reached a record high in the month and the highest since March 1996 amid the removal of fuel subsidies and a weakening local currency. Food…

Nigeria's inflation increased to 33.69 per cent in April 2024, becoming an all-time high amid Federal Government removal of subsidy on Premium Motor Spirit (PMS) and foreign exchange crisis. At 33.69 per cent, the inflation…

Nigeria’s inflation rate hit 27.33 percent in October 2023 from 26.72 percent in September 2023, according to the latest report by the National Bureau of Statistics (NBS). NBS in its Consumer Price Index (CPI) on Wednesday disclosed that…