As the National Bureau of Statistics (NBS) prepares to unveil Nigeria’s rebased Consumer Price Index (CPI), analysts, ...

With the recent reshuffling of the inflation basket, the combined influence of food, non-alcoholic beverages, housing, electricity, ...

This comes as the Central Bank of Nigeria (CBN) has shifted the date for the first Monetary Policy Committee (MPC) meeting of the year to Wednesday, February ...

Latest data by the National Bureau of Statistics (NBS) has shown that headline inflation rose to 34.80% in December 2024 relative to the November 2024 headline inflation rate of 34.60%.

The rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) will ensure that economic indicators accurately reflect ...

In the face of inflation crisis and in a bid to cut costs, about 44% of businesses were forced to lay off staff in 2024. The ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

Food prices in Nigeria have reached record highs, stretching household budgets and forcing millions to adapt to a new reality.

The National Bureau of Statistics said some sectors of ... It plans to use 2024 as the new base year for inflation. Nigeria's inflation rate rose to 34.80% (NGCPIY=ECI), opens new tab in December ...