Inflation

By Aminu Abubakar New inflation figures for May 2026 have revealed significant disparities in the pace of price increases across the seven states of Nigeria's Northwest geopolitical zone, with Sokoto State recording the highest inflation…
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The Central Bank of Nigeria (CBN)  has warned that poor fiscal management by states could weaken efforts to stabilise prices and strengthen the economy. It said during a meeting with state government officials that poor financial…
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The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for March 2026, released in Abuja on…
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The Central Bank of Nigeria (CBN) has reaffirmed its commitment to deepening engagement with the academic and research community as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime. A statement…
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Nigeria’s inflation rate declined marginally to 15.06 percent in February, down from 15.1 percent recorded in January, according to the latest data released by the National Bureau of Statistics (NBS). The figures were contained in the…
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Nigeria's headline inflation rate eased for the eighth consecutive month in November, helped by slowing food inflation. This is according to the latest figures released by the National Bureau of Statistics (NBS) on Monday. This…
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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says there is room for lending rates in the country to decline once inflationary pressures moderate and market efficiency improves. Cardoso spoke at the European Business…
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Nigeria’s headline inflation rose to 24.23 per cent in March 2025, up from 23.18 per cent recorded in February, according to the latest data released by the National Bureau of Statistics. The figure represents a 1.05 percentage point…
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Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline inflation recorded in December 2024. This is according to the National Bureau of…
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The Central Bank of Nigeria (CBN) has said that without its policy interventions, inflation could have risen to 42.81 per cent in December 2024. The CBN Governor, Yemi Cardoso, made this known at the 2025 Monetary Policy Forum of the…
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