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

Dar es Salaam, Tanzania. © Unsplash
Tanzania inflation slows to 3.2% in February
Read More »
Gas pipeline. Photo @ Unsplash
Senegal kicks off domestic offshore gas production
Read More »
Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Ethiopian Airlines suspends Middle East flights as US-Israel-Iran conflict escalates
Read More »

Recent Politics

Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »

Latest Posts

Latest news insights