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Nigeria, Inflation

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.

Nigerian Tribune on MSN · 3d

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 · 3d

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 MSN7h

Nigerian company set to release Africa’s first feature film on AI ‘Makemation’

Makemation, the first feature film out of Africa themed on artificial intelligence, is poised to make history as it prepares for its highly anticipated global release in Lagos, Nigeria this ...

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.

Yen on MSN18h

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 ...

2don 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 ...

The Africa Report23h

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.

allAfrica.com on MSN1d

Nigeria: We'll Target Boko Haram, Other Terrorists Across Africa - U.S Air Force

Gen. James Hecker, Commander of the U.S. Air Forces, Europe and Africa (USAFE-AFAFRICA), says the U.S. Air Force will carry ...

MyJoyOnline21h

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.

The Africa Report2d

Nigeria: Tinubu faces a dilemma as Lagos parliament slips from his grip

Nigerian President Bola Tinubu has wielded great influence over the Lagos State House of Assembly as a politician for the ...

businessday3h

Eight African players in “Basketball-Without-Borders” global camp

Eight of Africa’s brightest young basketball talents have been selected to participate in the ‘Basketball Without Borders’ ...

Nigerian Tribune on MSN2d

FG targets 10m new jobs as Nigeria leads Africa’s digital trade revolution

NIGERIA has officially been designated as Africa's Digital Trade Champion, a role that could help create over 10 million new ...

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