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Nigeria inflation

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Nigeria showcases $125m housing PPP model to 36 African delegations in Addis Ababa

Nigeria has pitched its Renewed Hope housing partnership to delegations from 36 African countries in Addis Ababa, citing about $125 million in private investment.
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Diesel Tanker Explodes Under Otedola Bridge in Lagos

KEY POINTS A diesel tanker fell off Otedola Bridge and exploded on the Lagos-Ibadan...
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CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
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Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.
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Nigerian Bonds Yield Drops as Inflation Slows

Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.
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Nigeria’s Inflation Drop Fails to Ease Household Pressures – CPPE

Nigeria’s inflation slowdown offers minimal household relief as structural inflation pressures persist, according to CPPE, which warns deeper reforms are urgently required.
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World Bank Dismisses Nigeria’s Single-Digit Inflation Target

The World Bank says Nigeria’s single-digit inflation target is unrealistic given structural deficits and volatile food and currency markets.
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Breaking: CBN Cuts Monetary Policy Rate to 27% Amid Inflation Concerns

CBN lowers benchmark interest rate to 27 percent, signaling a potential shift in monetary policy amid easing inflation concerns.
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Nigeria’s Inflation Set to Decline to 26 percent in 2025 – PwC

According to PwC projections for 2025 Nigeria's inflation rate should reach 26% while GDP growth remains modest and exchange rates stabilize.
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Nigerians Are Suffering, Bode George Slams Tinubu’s Policies

Nigeria’s economic woes are worsening and hunger and inflation are rising, veteran politician Bode George accuses Tinubu.
Business

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.
Business

Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
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Impact of Inflation on Small Business Owners in Nigeria

Inflation is affecting small businesses in Nigeria, from rising costs to reduced profits. Learn how entrepreneurs are adapting to survive in tough times.
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Reps Urge Federal Government to Review Multiple Taxation Policies

The House of Representatives has called for a review of Nigeria’s tax policies to reduce multiple taxes and financial strain on citizens, urging alternative revenue strategies.
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Nigeria showcases $125m housing PPP model to 36 African delegations in Addis Ababa

Nigeria has pitched its Renewed Hope housing partnership to delegations from 36 African countries in Addis Ababa, citing about $125 million in private investment.
News

Diesel Tanker Explodes Under Otedola Bridge in Lagos

KEY POINTS A diesel tanker fell off Otedola Bridge and exploded on the Lagos-Ibadan...
News

Nigeria’s Power Grid Suffers Disruption

KEY POINTS Nigeria's 330kV transmission network suffered multiple trippings on Monday, disrupting electricity supply...
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Sanwo-Olu reportedly orders LAWMA boss Muyiwa Gbadegesin to resign over Lagos waste crisis

Lagos Gov. Babajide Sanwo-Olu has reportedly ordered LAWMA managing director Muyiwa Gbadegesin to resign over the state’s worsening waste crisis, an agency insider says.