Search

Nigeria’s Inflation Slows as CPI Overhaul Alters Price Dynamics

Allen dreyfus Logo
© Allen Dreyfus
  • February inflation eases to 23.2% as impact of rebased consumer price index takes hold
  • Central Bank faces growing pressure to consider rate cuts after aggressive tightening cycle

Abuja, Nigeria – Nigeria’s annual inflation slowed to 23.2% in February, down from 24.48% the previous month, as the effects of last month’s rebasing of the consumer price index (CPI) continued to influence price trends.

You need an active subscription to continue reading this article.

Recent Business

arvind-vallabh-rqWWhKzVCaU-unsplash
Gabon ramps up deepwater push to reverse oil decline
Read More »
kurt-cotoaga-FWTN3Uquq20-unsplash
Senegal raises $346m in latest WAMU debt auction
Read More »
Allen dreyfus Logo
Cote d’Ivoire awards new gold exploration permits
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights