Nigeria’s inflation cools to 22.97% in May as food risks mount

Nigeria's headline inflation has decelerated for the second time consecutively in the month of May

Nigeria’s inflation and banditry crisis ignite food security emergency

Nigeria’s food crisis is exploding — inflation hits 35%, farms are under attack, and 100 million go hungry. Urgent action is needed now.

Nigeria’s Central Bank holds rates steady at 27.50% as inflation cools

The Consumer Price Index (CPI) eased to 23.71% last week, reinforcing expectations among economists for a pause in the aggressive rate hikes seen over the past two years under President Bola Ahmed Tinubu.

Nigeria’s inflation eases to 23.71%, reducing possible rate hike

Analysts widely anticipate the central bank holding rates for a second consecutive time, as it did in February, owing to reduced consumer prices and rebased inflation figures.

Nigeria’s inflation accelerates to 24.23% post-rebasing

Headline inflation increased to 24.23% in March, up from 23.18% in February 2025, reflecting a balance between moderating and upward pressures.

Nigeria’s inflation figures fall to 23.1%, one month after rebasing exercise

The Nigerian economy continues to adjust to the price shocks experienced since President Tinubu's assumption of office

Nigeria’s new inflation figures fall to 24.48%, after rebasing exercise

Since December 18, 2024, after the NBS was hacked for nearly a month, a lot of things have radically changed about the agency, raising eyebrows regarding the means of operations. 

Nigeria’s inflation rises to 34.80%, as NBS site resumes service after one-month break

"Three weeks to resolve a hack is unusual. Shouldn't take more than a couple of hours to get a website back online," said one ethical hacker who explained the nature of the attack to Condia.

Nigeria’s inflation surges to 34.60%, attaining 11-month high

The uptick in prices will be challenging for consumers who are keen to celebrate Yuletide next week with a possible plate of jollof rice.

Nigeria’s inflation rises to 33.88% in October, placing another rate hike on the table

This will worry policymakers, under immense pressure to lower food prices during harvest season