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The Dangote Petroleum Refinery has emerged as a critical player in efforts to reduce Nigeria’s inflation, according to a new report by Lagos-based think tank, Financial Derivatives Company (FDC) Limited. ...
The International Monetary Fund (IMF) has projected that Nigeria's headline inflation rate will escalate to 37% by 2026, following the recent rebasing of the Consumer Price Index (CPI) by the ...
Nigeria’s inflation rate continued its downward trend, declining to 23.18 percent in February 2025 from 24.48 percent recorded in January, driven by a reduction in food prices. The latest Consumer ...
Nigeria's inflation rate climbed to 34.6% in November 2024, marking an increase from 33.8% recorded in October, according to the latest report by the National Bureau of Statistics (NBS). The ...
Here are the top seven business stories in Nigeria to keep an eye on this week, from August 19 to August 24. 1. FG Launches $500M Domestic Bond Auction Today ...
Food prices, according to the latest report released by the National Bureau of Statistics (NBS), there has been a notable uptick in both headline inflation and food inflation rates in ...
KPMG, a global financial advisory service firm, projects that Nigeria's headline inflation will reach 30% by December 2023. The country's current headline inflation rate for September is 26.72%. KPMG attributes ...