INFLATION WATCH – July 2025
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 from 22.22% in June, according to the latest data from…
MPC HIGHLIGHT – JULY 2025
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. This marks the third consecutive hold on the Monetary Policy…
Q1 2025 GDP Highlights
Rebased GDP Data: Nigeria Economy Kick-Start 2025 on Promising Note Amidst Mixed Sector Performance Nigeria’s economy grew by 3.13% YoY in Q1 2025, higher than the 2.27%growth recorded in Q1 2024 but slower than the 3.76% posted in Q4 2024.The economy…
INFLATION WATCH – June 2025
Inflation Watch – Nigeria’s Inflation Falls to 22.22% in June, Third Monthly Drop Nigeria’s inflation rate declined for the third consecutive month in June 2025, settling at 22.22% y/y. This represents a drop from 22.97% recorded in May, according…
INFLATION WATCH – May 2025
Inflation Watch – Nigeria’s Inflation Dips to 22.97% in May Nigeria’s inflation cooled further in May 2025, with the headline inflation rate falling to 22.97%, down from 23.71% in April. This marks the second consecutive month of…
MPC HIGHLIGHT – MAY 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 300th meeting on May 19–20, 2025, and unanimously decided to retain all monetary policy parameters unchanged. This marks the second consecutive hold on the Monetary Policy…
INFLATION WATCH – April 2025
Inflation Watch – Base Effect, Lower Food Costs Pull Nigeria’s Inflation Down to 23.71% Nigeria’s headline inflation rate fell to 23.71% in April 2025, down from 24.23% in March, according to the National Bureau of Statistics (NBS). This 0.52…
INFLATION WATCH – March 2025
Inflation Watch – NBS Reports 24.23% Inflation in March, Signaling Renewed Price Pressures The National Bureau of Statistics (NBS) reported a concerning rise in Nigeria’s inflation rate, which climbed to 24.23% in March 2025 – a 1.05…
INFLATION WATCH – February 2025
Inflation Watch – Nigeria’s Inflation Rate Continues Downward Trend, Reaches 23.18% in February Nigeria’s headline inflation decreased to 23.18% in February 2025, continuing its downward trend for the second consecutive month following…
Q4 2024 GDP Highlights
Nigeria’s Economic Growth Accelerates in Q4 2024 Amid Sectoral Shifts Nigeria’s economy grew by 3.84% YoY in Q4 2024, up from 3.46% in Q4 2023 and Q3 2024. For the full year, GDP expanded by 3.40%, the fastest in three years and an improvement from…
