Nigeria’s urban centres are experiencing higher inflation rates than rural areas following the rebasing of the Consumer Price Index (CPI), ...

According to the report, Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the CPI by the National Bureau of Statistics, NBS. This represents a decline ...

The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price ...

The policy shift involved the rebased Consumer Price Index (CPI) data that significantly dropped headline inflation figures ...

Manufacturers are spending more on the acquisition of technologies, equipment, capital work in progress, and facilities, signaling ...

In 2024, the National Bureau of Statistics (NBS) commenced efforts to rebase the Nigerian economy. The rebasing would impact ...

The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN) for its decision to ...

On Thursday, the Central Bank of Nigeria’s (CBN) governor, Olayemi Cardoso, stated that the central bank’s goal is to reduce ...

The CBN Governor announced the decision on Thursday, stating all parameters were unanimously held as committee assessed the ...

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective ...

The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...