Search

Nigeria’s Inflation Slows After Data Rebase, Easing Rate Hike Pressure

© Pexels
  • Annual inflation drops to 24.48% in January from 34.80% in December following recalculation
  • Food inflation eases as naira stabilises, prompting speculation on rate policy shift

Abuja, Nigeria – Nigeria’s annual inflation slowed in January to 24.48% from 34.80% the previous month after the National Bureau of Statistics (NBS) implemented changes to the calculation of the country’s composite price index.

Recent Business

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights