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Nigeria, inflation

Nigeria's inflation rate drops after statistics overhauled and updated

Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the previous month's figure after the country's price index was rebased for the first time in more than a decade.

Nigerian Tribune on MSN · 2d

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,

PM News on MSN · 3d

Inflation crashes! Nigeria’s CPI drops to 24.48% in stunning decline

By Kazeem UgbodagaNigeria’s inflation rate fell sharply to 24.48% in January 2025 from 34.80% recorded in December 2024, following the release of the rebased Consumer Price Index (CPI) by the National Bureau of Statistics (NBS).

Reuters · 1d

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by stability in the foreign exchange market and saw inflation gradually falling.

Yen on MSN1h

Ukraine ambassador to Nigeria calls for solidarity form African countries in standing up to Russia

Ukraine’s ambassador to Nigeria, Ivan Kholostenko, called on African countries to showcase solidarity in batting threats from ...

businessday1h

How Nigeria’s youth opioids abuse fuels million-dollar Indian enterprise

As street popularity of opioids abuse booms and Nigeria’s youths grapple with addiction, a quiet Indian pharmaceutical ...

2don MSN

Is Nigeria in danger of a coup? What the country should do to avoid one – political analyst

The sociopolitical and economic conditions that led to coups in other countries in west Africa are present in Nigeria.

12m

BBC uncovers massive Indian drug trafficking cabal operation in Ghana, Nigeria, others

The British state broadcaster, the BBC, has uncovered a massive trafficking operation in Ghana, Nigeria, Cote D'Ivoire, and ...

The Punch on MSN15h

Nigeria: Leading Africa’s digital trade revolution

Africa’s digital trade and trade in services landscape has witnessed significant growth in recent years. Indeed, digital ...

The Africa Report7h

Nigeria vs. Binance: What is behind the high‑stakes crypto showdown?

Accused of tax evasion, illegal operations and sinking the naira, Binance faces an $81.5bn lawsuit and detained executives. The fight could reshape crypto in Africa’s biggest economy.

1don MSN

African City's $18.5 Billion Renovation Plan

The Nigerian government has called for more investors to aid the construction of the Centenary City project, one of the ...

MyJoyOnline4h

Akufo-Addo calls on Nigeria to drive Africa’s economic integration

Former President Nana Akufo-Addo has called on Nigeria to take a leading role in driving Africa’s economic integration.

allAfrica.com on MSN2d

Nigeria, Africa and the Trump Challenge

From his antecedents, we did not need to read the tea leaves to know that President Donald Trump of America would give Africa the short shrift in his dealings with the continent.If we needed any clues ...

Face2FaceAfrica on MSN19h

Netherlands to return stolen Benin Bronzes of 1800s to Nigeria

The Netherlands say over a 100 Benin Bronzes that were plundered from Nigeria by British troops in the 1800s in museums will ...

Legit on MSN1d

US Air Force threatens to carry out airstrikes against Boko Haram, other terrorist groups in Africa

The United States Air Force vows to target Boko Haram and other terrorist groups across the African continentGeneral James ...

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