The Nigerian Economic Summit Group (NESG)has projected Nigeria’s gross domestic product(GDP) to grow by 5.5 percent in 2026. Olusegun Omisakin, NESG’s chief economist and director of research and deve...
With inflation slowing further to 21.88 per cent in June, analysts have projected that Nigeria’s headline inflation may extend its downward trend into August, supported by sustained naira stability, e...
In a wait-and-see approach, the Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate, known as the Monetary Policy Rate (MPR), at 27.5 percent, despite slowing inflation and s...
CBN TO HOLD MPC MEETING MAY 19 The Central Bank of Nigeria (CBN) is set to hold its monetary policy committee (MPC) meeting this week. The CBN said its 300th MPC meeting will be held on May 19 and 20 ...
NBS announced the increase in its consumer price index (CPI) on Thursday. According to the bureau, the movement for April 2025 “headline inflation rate showed a decrease of 0.52% compared to the March...
The World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025, attributing the anticipated decline to the Central Bank of Nigeria’s tight monetary stance aimed at resto...
Nigeria’s inflation rate could decline to an annual average of just over 22 percent in 2025, if the Central Bank of Nigeria maintains its current tight monetary stance, the World Bank said Monday at t...
Nigeria’s inflation rate eased for the second consecutive month in February, raising hopes that price pressures may have peaked and could continue to moderate in the coming months. The National Bureau...
Asian markets mostly fell Monday following a dour end to last week for Wall Street fuelled by disappointing economic data, but Frankfurt and the euro rose after conservatives won Germany’s closely wat...
He stated that while the recently rebased Consumer Price Index (CPI) indicates a year-on-year headline inflation rate of 24.48 percent, which reflects the country’s economic realities, this figure rem...
