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 ...

Experts have mixed expectations regarding February's inflation rate, with some predicting a slight moderation or stability, ...

Experts have mixed expectations regarding February's inflation rate, with some predicting a slight moderation or stability, while others foresee a ...

In terms of inflation, Nigeria’s annual rate stood at 24.48 per cent in January, according to the National Bureau of Statistics (NBS). This marks a significant decrease from the previous month ...

The Chamber has frequently cautioned that rate hikes won't be sufficient to lower inflation unless the issues impacting the ...

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

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

Nigerians imported fewer passenger automobiles in 2024 since the cost of importing vehicles increased dramatically due to ...

average loan rates across the country play a role, too — and those tend to rise and fall with inflation. This means even the most well-qualified borrowers could receive a higher interest rate ...

By Okanga Agila In the not-so-distant past, Nigeria’s economy was a fragile patient, clinging to life support. The symptoms ...

Saving during high inflation requires a shift in mindset. It is not just about setting money aside but also protecting its ...