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

kofi-bhavnani-4c-k7vendbg-unsplash
Ghana treasury bill auction undersubscribed by 30% as investor appetite weakens
Read More »
Morocco @ Pexels
Morocco inflation falls to 0.1% as food prices slide sharply in October
Read More »
A sale label in the shop. Photo by Dmitrii E. @ Unsplash
South Africa retail surges 3.6% in Q3 as durable goods drive recovery
Read More »

Recent Politics

Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Samia’s family picks ignite Tanzania nepotism storm
Read More »
Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »

Latest Posts

Latest news insights