Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported ...

Nigeria's car export industry remains underdeveloped, with the country relying heavily on imports to meet its automotive ...

Taiwo Hassan Odugbemi does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

What is inflation rate rebasing and how is it done? Inflation rate rebasing follows a structured approach led by the National Bureau of Statistics to improve the accuracy of inflation measurements.

The report said the path to a more capital-rich and more diverse Nigerian economy can only be built on a competitive naira.

Commercio Partners has projected that, following the CPI rebasing, Nigeria's inflation rate would range between 15% and 20% ...

The naira has continued to depreciate in the Nigerian Foreign Exchange Market (NFEM) and the parallel market as experts and ...

Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%. This change has sparked discussions ...

Nigerians imported fewer passenger motor cars in 2024 as rising inflation and the continued naira depreciation made foreign ...

Nigerians imported fewer passenger cars in 2024 as rising inflation and the sharp depreciation of the naira made foreign exchange ...

The world of economic statistics is often a magician’s stage, where numbers are reshuffled, rebranded, and—on occasion—made ...

The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) in 2025 provided critical insights ...