Search

Nigeria’s Inflation Resumes Upward Climb, Clouding Outlook for Rate Cuts and 2025 Budget Goals

Allen dreyfus Logo
© Allen Dreyfus

• March inflation rose to 24.23%, ending two-month easing streak
• Rate cut hopes fade as Central Bank faces pressure amid oil revenue shortfalls

Abuja, Nigeria – Nigeria’s inflation rate jumped to 24.23% in March from 23.18% in February, reversing a two-month decline and narrowing the path for monetary easing amid mounting macroeconomic pressures.

Recent Business

Commercial area in Danfo in Lagos, Nigeria. Photo by Ayoola Salako @ Unsplash
Nigeria inflation slows to 15.10% as naira strengthens, fuel prices fall
Read More »
Ethernet router. Photo @ Brett Jordan on Unsplash
Paratus connects Kenya to DRC in East Africa fiber expansion push
Read More »
Fishermen in Senegal busy at shore. Photo by Thomas de LUZE @ Unsplash
Senegal secures $748mn ITFC trade finance amid debt sustainability concerns
Read More »

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »
Burundi’s President Évariste Ndayishimiye. Photo: Présidence - République du Burundi/Facebook
African Union elects Burundi’s Ndayishimiye as 2026 chair
Read More »
Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »

Latest Posts

Latest news insights