CPI, Nigeria and inflation rate

Nigeria’s inflation drop reflects reality of consumption patterns — Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso said Nigeria’s current Consumer Price Index is reflective of the reality of consumption patterns. Cardoso made this known on Thursday during a press briefing at the end of the 299th Monetary Policy Meeting in Abuja.
Nigeria’s inflation rate drops to 24.48% in January 2025 amid CPI rebasing
Nigeria’s headline inflation rate dropped to 24.48% year-on-year in January 2025, following the rebasing of the Consumer Price Index (CPI),
Nigeria’s inflation rate falls from 34.8% to 24.48% after rebasing CPI
NBS also said that the food inflation rate fell to 26.08 per cent in January 2025 from 39.84 per cent in December 2024.
Nigeria’s Inflation Changes After Rebasing – But Are Prices Really Falling?
The National Bureau of Statistics (NBS) recently adjusted how inflation is measured by rebasing the Consumer Price Index (CPI) to
Nigeria's Inflation Rate Drops After Statistics Overhauled and Updated
The bank raised interest rates by 875 basis points last year, as inflation was driven up by President Bola Tinubu's moves to end subsidies and devalue the naira currency. Tinubu's administration hopes those reforms will shore up public finances and boost economic growth.
Nigeria’s Inflation Drops To 24.48% After CPI Rebasing – NBS
The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate decreased from 34.8 per cent in December 2024 to 24.48 per cent in January
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by stability in the foreign exchange market and saw inflation gradually falling.
Nigeria holds interest rate steady following inflation adjustments
Nigeria's central bank has kept its benchmark interest rate steady at 27.50%, according to Governor Olayemi Cardoso. ・Nigeria's central bank maintains benchmark interest rate at 27.50%. ・Inflation rate reported at 24.
CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,
Nigeria's central bank keeps main interest rate unchanged
Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis points to try to get inflation under control.
Legit on MSN4d
Uproar as Nigeria's Food Inflation crashes to 26% in NBS' rebased CPI report
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased ...
LEADERSHIP Newspaper3d
TUGAR, EFCC, Others Assess Nigeria’s Corruption Perception Index
Despite Nigeria's low ranking on the Corruption Perceptions Index (CPI) by Transparency International, anti-corruption ...
TheCable4d
Nigeria’s CPI rebasing: Validating the predictions and exposing the real inflation story
The newly released inflation figures from the National Bureau of Statistics (NBS) confirm precisely this. The headline inflation rate for January 2025 is reported at 24.48%, food inflation at 26.08%, ...
AllAfrica.com on MSN2d
Nigeria: Monetary Policy and Making Sense of NBS' Rebased Cpi Numbers
Editorial - A more useful device ... would have the NBS publish what the headline inflation rate would have been last month under the old and new series.
The Punch on MSN4d
CPI rebasing could spark debt to equities shift —Experts
Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities.They noted that the adjustment, which reflects a new methodology for ...