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Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...

LCCI warns March inflation rise threatens business sustainability

Dr. Chinyere Almona, Director General of the Lagos Chamber of Commerce and Industry, on Thursday warned that Nigeria's March inflation rise threatens business sustainability, as headline inflation climbed to 15.38 percent in March 2026 from 15.06 percent in February.

Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in...

Nigeria’s 63 percent poverty rate defies inflation easing

Nigeria's poverty rate climbed to 63 percent in 2025 even as inflation declined sharply, the World Bank said in its April 2026 Nigeria Development Update.

Nigeria’s Inflation Rate Sees Slight Dip to 15.06% in February, Says NBS

KEY POINTS Nigeria’s inflation rate dipped slightly to 15.06% in February 2026 from...

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...

Economy: Experts Question Federal Government’s Positive Assessment

Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.

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