51 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

66 h. 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

66 h. 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

67 h. ago Breaking the cycle: Perspectives on tax and levy hikes amid Nigeria’s economic challenges

Introduction Nigeria’s economy has been in turmoil, grappling with inflation, currency devaluation, and fluctuating oil prices. Since President Bola Ahmed read more Breaking the cycle: Perspectives on tax and levy hikes amid Nigeria’s economic challenges

Economics

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

3 d. 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

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

4 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

4 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

5 d. ago Here’re analysts view on stocks ahead of inflation data, MPC outcome

Nigeria’s inflation report is no doubt one of the key factors that will affect both policy and investment decisions week. read more Here’re analysts view on stocks ahead of inflation data, MPC outcome

Politics

5 d. ago Here’re analysts views on stocks ahead of inflation data, MPC outcome

Nigeria’s inflation report is no doubt one of the key factors that will affect both policy and investment decisions week. read more Here’re analysts views on stocks ahead of inflation data, MPC outcome

Politics