According to the report, Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the CPI by the National Bureau of Statistics, NBS. This represents a decline ...

The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price ...

The Central Bank of Nigeria has spoken on the strategies it will use to bring the inflation rate down from the 24.48% ...

The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, ...

The CBN Governor announced the decision on Thursday, stating all parameters were unanimously held as committee assessed the ...

The CBN has raised interest rates by a cumulative 16 percentage points since 2022 to curb decades-high inflation and ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Amid drop in Nigeria’s inflation, the Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November ...

The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at 27.50%, citing improvements in ...

The Nigerian President, Bola Tinubu, announced in early February 2025 that he plans to increase the 2025 budget expenditure from N49.7trn ($33.1bn), which was initially presented to the National ...

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license ...

Nigeria has sued Binance for $81.5 billion, including $79.5 billion for economic losses and $2 billion in back taxes.