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

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 »
View of the San Antonio Maersk Container Ship in the Port. Photo by Wolfgang Weiser @Pexels
Maersk halts Berbera bookings - is Ethiopia’s access strategy at risk?
Read More »
Meknes, Morocco Photo @ Unsplash
Is Morocco’s 4.7% growth forecast sustainable amid surging oil prices?
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