9 h. ago ‘Govt Must Not Get Comfortable With Rebased Inflation Figure’

Lagos Chamber of Commerce and Industry (LCCI) has said the government must not get comfortable with a rebased inflation figure and lose the fight against inflationary pressures. The Chamber stated this in a statement titled, ‘Beyond the Numbers: Ensuring Real Economic Relief For Nigerians’. The director-general of LCCI, Dr. Chinyere Almona said that the latest […]

Politics

55 h. ago Citing Inflation Moderation, Exchange Stability, CBN Holds Interest Rates At 27.5%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) took a twist in its year-long inflation chase yesterday by holding all the parameters constant around the 27.5 per cent Monetary Policy Rate, attributing the decision to a moderation in major economic variables, especially the rebased inflation figure. However, analysts say they expect that […]

Politics

2 d. ago Nigeria’s Inflation Changes After Rebasing – But Are Prices Really Falling?

The National Bureau of Statistics (NBS) recently adjusted how inflation is measured by rebasing the Consumer Price Index (CPI) to read more Nigeria’s Inflation Changes After Rebasing – But Are Prices Really Falling?

Economics

2 d. ago Inflation persists as CBN holds rates: The limits of CPI rebasing

When Nigeria’s National Bureau of Statistics (NBS) rebased the Consumer Price Index (CPI) to a 2024 base year, many observers read more Inflation persists as CBN holds rates: The limits of CPI rebasing

Politics

3 d. ago Beyond the numbers: Rethinking inflation in a time of crisis

Nigeria’s recent Consumer Price Index (CPI) rebasing has predictably altered statistical representations of inflation without alleviating the economic realities faced read more Beyond the numbers: Rethinking inflation in a time of crisis

Politics

4 d. ago Rebased inflation rate does not resolve rising cost of living – LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has said that the rebased inflation rate that dropped from 34.8 to read more Rebased inflation rate does not resolve rising cost of living – LCCI

Economics

4 d. ago Why Nigeria’s inflation rate falls to 24.48% after rebasing — NBS

Tribune Online Why Nigeria’s inflation rate falls to 24.48% after rebasing — NBS The National Bureau of Statistics (NBS) has explained why Nigeria’s headline inflation rate dropped to 24.48 percent in January 2025 after rebasing. The Statistician-General of the Federation and Chief Executive Officer of the NBS, Prince Adeyemi Adeniran, provided the explanation on Tuesday at the launch of the rebased Consumer Price Index (CPI) report. He noted […] Why Nigeria’s inflation rate falls to 24.48% after rebasing — NBS Tribune Online

Politics

5 d. ago Nigeria’s Inflation Drops To 24.48% After CPI Rebasing – NBS

The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate decreased from 34.8 per cent in December 2024 to 24.48 per cent in January 2025 following the rebasing of the consumer price index (CPI). The NBS revealed in its CPI report for January published on Tuesday that the rate represented an increase of […]

Politics

5 d. ago Stock market drops by 0.25% after Nigeria’s rebased inflation report

Nigeria’s equities market decreased by 0.25 percent on Tuesday – its second decline this week – despite that the rebased read more Stock market drops by 0.25% after Nigeria’s rebased inflation report

Politics