IMF backs Nigeria’s inflation data after CPI overhaul
Nigeria’s inflation outlook received a boost in credibility after the International Monetary Fund endorsed newly revised consumer price data that indicate a…
Inflation
Nigerian families spent less in 2024 over price hike – Report
Household consumption in Nigeria contracted sharply in real terms in 2024 as surging prices eroded the purchasing power of millions of families,…
Tinubu projects stronger economy, lower inflation in 2026
President Bola Tinubu has declared that 2026 will usher Nigeria into a more robust phase of economic growth, with his administration committed…
CBN sets 16.5% inflation target for 2026
Nigeria’s Central Bank is formally entrenching its transition to an inflation-targeting monetary framework, with the long-term objective of moderating inflation to 13…
Egypt cuts interest rate again as inflation pressures eases
Egypt’s central bank on Thursday reduced its benchmark deposit rate by 100 basis points to 20 per cent, marking the fifth interest-rate…
Nigeria’s inflation hits five-year low, drops to 14.45%
Nigeria’s headline inflation rate slowed to 14.45 per cent in November 2025, down 1.6 percentage points from the 16.05 per cent recorded…
United Capital forecasts Nigeria’s inflation rate to decline to 15.48%
United Capital Plc analysts have forecasts that Nigeria’s headline inflation rate will experience a further decline to 15.48 per cent in November…
CBN projects 2026 disinflation, possible rate cuts
Nigerian central bank Governor Olayemi Cardoso has hinted that the apex bank could resume interest-rate cuts next year, provided inflation continues to…
Nigeria’s inflation could fall to 14% by 2026 – Afreximbank
The Group Chief Economist and Managing Director of Afreximbank, Yemi Kale, has suggested that if Nigeria maintains the trajectory of its ongoing…
Proposed tax stamp system could worsen inflation, MAN warns
The Manufacturers Association of Nigeria has expressed concerns that the proposed introduction of a Tax Stamp System for excisable goods could worsen…
NECA applauds decline in inflation rate, urges policy shift
The Nigeria Employers’ Consultative Association has applauded the steady decline in Nigeria’s inflation rate, which has moderated for five consecutive months. According…
Nigeria’s inflation to drop 17% by year-end- IMPI
The Independent Media and Policy Initiative forecasts that Nigeria’s inflation rate will drop to 17 per cent by December 2025, driven by…