Nigeria’s headline inflation rate declined to 18.02% in September 2025, marking a 2.1 percentage point drop from the 20.12% recorded in August. This was revealed in data released by the National Bureau of Statistics (NBS) on Wednesday. The latest figure marks the sixth straight month of decline since April 2025.
The World Bank has revised its economic growth forecast for Nigeria and other sub-Saharan African countries, projecting a stronger expansion of 3.8% in 2025, driven by easing inflation and more stable macroeconomic conditions. This upgrade follows recent monetary policy adjustments, including the Central Bank of Nigeria’s decision last month to lower its benchmark interest rate…
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 50 basis points — from 27.5% to 27% — following its 302nd Monetary Policy Committee meeting held on September 22–23, 2025. CBN Governor Dr. Olayemi Cardoso explained that the decision was driven by five consecutive months of disinflation, positive inflation projections…
Inflation across the eurozone remained unchanged at 2.0% in July, defying expectations of a slight dip, according to data from Eurostat released Friday. Analysts had forecast a drop to 1.9%, but persistent pressures—particularly a slower decline in energy prices—kept inflation aligned with the European Central Bank’s target. Core inflation, which excludes energy, food, alcohol, and…
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation rate, which fell to 22.22% in June 2025, down from 22.97% recorded in May. However, the report also highlighted a 1.07% increase in food costs during the same period. Details of the development were contained in the Bureau’s June 2025 Consumer…
The Bank of England is widely expected to cut its key interest rate by a quarter point on Thursday as US President Donald Trump’s planned tariffs threaten to weaken economic growth. It follows the Federal Reserve’s decision Wednesday to freeze US borrowing costs and last month’s move by the European Central Bank to cut eurozone…
As predicted by economists, Nigeria’s headline inflation rate rose to 24.23% in March 2025, according to the official government data source, the Nigeria Bureau of Statistics (NBS). The country’s inflation rate climbed from 23.18% in February 2025 to 24.23% in March 2025, highlighting a significant spike in the costs of commodities and energy over recent…
US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as consumers and businesses waited nervously for President Donald Trump’s sweeping tariffs to come into effect. Last week, the U.S. leader introduced tariffs of up to 50% on imports from certain countries, triggering a sharp decline in stock markets…
Nigeria’s headline inflation rate decreased to 23.18% in February 2025, down from 24.48% in January 2025. This was revealed by the National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report for February 2025, released on Monday. The NBS highlighted a 1.30% decline in the headline inflation rate from January to February 2025….
Nigeria’s headline inflation has dropped to 24.48% year on year in January 2025. This is a sharp decline from the 34.80% headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation Adeyemi Adeniran announced this on Tuesday. He said the Consumer Price Index (CPI)…
