15 h. ago Investors flock to Nigerian bonds as inflation rate drops to 24.5 per cent

Tribune Online Investors flock to Nigerian bonds as inflation rate drops to 24.5 per cent NIGERIA’S bond market experienced a significant surge in investor interest in February 2025, following a notable drop in the country’s inflation rate to 24.5 percent year-on-year from 34.8 percent in December 2024. The sharp decline, driven by the rebasing of the Consumer Price Index (CPI), combined with compelling yields on government bonds, attracted investors seeking […] Investors flock to Nigerian bonds as inflation rate drops to 24.5 per cent Tribune Online

Economics

17 h. ago MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth

Tribune Online MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth IN recent years, Nigeria has embarked on comprehensive economic reforms to stabilise financial markets, achieve exchange rate convergence, and curb inflation. At the heart of these efforts is the Central Bank of Nigeria (CBN), working in synergy with fiscal authorities to foster macroeconomic stability and lay the groundwork for sustainable growth. In its efforts to […] MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth Tribune Online

Politics

4 d. ago Inflation slowdown, naira rally strengthen investors’ confidence

The Monetary Policy Committee of the Central Bank of Nigeria has paused its hawkish stance for the first time in over two years, due to a decrease in the inflation rate and the strengthening of the local currency against major currencies, writes FELIX OLOYEDE The Governor of the Central Bank of Nigeria, Olayemi Cardoso, made Read More

Economics

6 d. ago Why exchange rate, not interest rate, may be CBN’s best tool against inflation

The excessive use of mathematics in economics has often been criticised as akin to killing an ant with a sledgehammer. read more Why exchange rate, not interest rate, may be CBN’s best tool against inflation

Politics

7 d. ago MPC’s rate pause: Gauging impact of naira gains amid cooling inflation

By Uche Usim The Central Bank of Nigeria’s (CBN) first Monetary Policy Committee (MPC) meeting of 2025 signaled a strategic shift in the nation’s economic trajectory. For the first time since May 2022, the committee decided to pause its aggressive rate hikes, showing confidence in a more stable economic outlook. The decision came on the […] The post MPC’s rate pause: Gauging impact of naira gains amid cooling inflation appeared first on The Sun Nigeria.

Politics

1 week ago Inflation figure not reflection of real reduction in price levels – LCCI

By Merit Ibe   The Lagos Chamber of Commerce and Industry (LCCI) has said the sharp drop in the inflation rate from 34.8% to 24.48% in January 2025 is primarily due to the rebasing of the Consumer Price Index (CPI) rather than a real reduction in price levels. According to the chamber, despite the lower […] The post Inflation figure not reflection of real reduction in price levels – LCCI appeared first on The Sun Nigeria.

Economics

1 week 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

1 week 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

1 week 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