Nigeria, CPI and inflation rate

Nigeria’s inflation rate falls from 34.8% to 24.48% after rebasing CPI
NBS also said that the food inflation rate fell to 26.08 per cent in January 2025 from 39.84 per cent in December 2024.
Nigeria’s inflation rate drops to 24.48% in January 2025 amid CPI rebasing
Nigeria’s headline inflation rate dropped to 24.48% year-on-year in January 2025, following the rebasing of the Consumer Price Index (CPI),
Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday during a press briefing at the end of the 299th Monetary Policy Meeting in Abuja.
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.
Nigeria’s Inflation Drops To 24.48% After CPI Rebasing – NBS
The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate decreased from 34.8 per cent in December 2024 to 24.48 per cent in January
Nigeria’s Inflation Changes After Rebasing – But Are Prices Really Falling?
The National Bureau of Statistics (NBS) recently adjusted how inflation is measured by rebasing the Consumer Price Index (CPI) to
Inflation Rate Drops Significantly After CPI Rebasing
Nigeria's inflation falls to 24.48% in January 2025 after a CPI rebasing, offering a new perspective on economic realities.
Nigeria's central bank keeps main interest rate unchanged
Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis points to try to get inflation under control.
Nigeria holds interest rate steady following inflation adjustments
Nigeria's central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. ・Nigeria's central bank maintains benchmark interest rate at 27.50%. ・Inflation rate reported at 24.
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
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 last year amid inflation drops. It also retained the Cash Reserve Ratio,
Legit on MSN4d
Uproar as Nigeria's Food Inflation crashes to 26% in NBS' rebased CPI report
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased ...
LEADERSHIP Newspaper3d
TUGAR, EFCC, Others Assess Nigeria’s Corruption Perception Index
Despite Nigeria's low ranking on the Corruption Perceptions Index (CPI) by Transparency International, anti-corruption ...
TheCable4d
Nigeria’s CPI rebasing: Validating the predictions and exposing the real inflation story
The newly released inflation figures from the National Bureau of Statistics (NBS) confirm precisely this. The headline inflation rate for January 2025 is reported at 24.48%, food inflation at 26.08%, ...
Nairametrics3d
Drastic reduction in inflation figures not equal to lower prices in Nigeria – Expert warns
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the drastic reduction in inflation figures ...
allAfrica.com on MSN10d
Nigeria: CPI 2024 - Why Nigeria's Ranking Improves but Performs Below Regional, Global Average
Nigeria climbed five places to 140th spot out of 180 countries in the 2024 CPI, despite adding only one point to its score in ...
The Punch on MSN3d
CPI rebasing could spark debt to equities shift —Experts
Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities.They noted that the adjustment, which reflects a new methodology for ...