Category: Macroeconomic Update

Inflation Watch – Headline Inflation Moderates to 14.45%, Below FG 2025 Target For the eighth consecutive months, the Nigeria’s headline inflation sustained deceleration, easing to 14.45%y/y in November 2025, down…

Nigeria’s Economy Expands by 3.98% in Q3-2025 Nigeria’s economy grew by 3.98%y/y in Q3 2025, higher than the 3.86% growth in Q3 2024 but lower than 4.23% in Q2 2025.…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 303rd meeting on November 24–25, 2025, and unanimously decided to hold the Monetary Policy Rate (MPR)…

Inflation Watch – Nigeria Inflation Sustains Moderation Amid Stable FX And Food Prices Nigeria’s inflation rate recorded its seventh consecutive monthly decline, easing to 16.05% y/y in October 2025, down…

Inflation Watch – Nigeria Inflation Sustains Moderation Amid Stable FX and Energy Prices For the sixth consecutive month, Nigeria’s inflation rate declined in September 2025, settling at 18.02% y/y, down…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 302nd meeting on September 22–23, 2025, and unanimously decided to cut the Monetary Policy Rate (MPR)…

Nigeria’s Economy Accelerates on Oil Boost, Expands 4.23% in Q2-2025 Nigeria’s economy grew by 4.23% YoY in Q2 2025, higher than the 3.48% growth in Q2 2024 and 3.13% in…

Inflation Watch – Nigeria’s Inflation Cools Further, Down to 20.12% in August For the fifth consecutive month, Nigeria’s inflation rate declined in August 2025, settling at 20.12% y/y, down from…

Inflation Watch – Nigeria’s Inflation Falls to 21.88% in July, Fourth Monthly Drop Nigeria’s inflation rate declined for the fourth consecutive month in July 2025, settling at 21.88% y/y, down…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 301st meeting on July 21–22, 2025 and unanimously decided to retain all monetary policy parameters unchanged.…