₦100,000 Buys Less as Inflation Bites
A year ago, ₦100,000 stretched further at the market, the fuel station, and the school run. Today, the same note ...
Tag: Nigeria Inflation
Naira Firms as Inflation Eases, but Food Prices Keep Pressure High
Nigeria’s naira strengthened over the past week, closing at ₦1,346.49 per dollar at the Nigerian Foreign Exchange Market (NFEM), while ...
Nigeria’s Inflation Falls, But the Cost of Feeding a Family Keeps Rising
Nigeria’s headline inflation rate eased to 15.43% in July, but the moderation has yet to translate into broad relief for ...
N70,000 Minimum Wage Is Poverty Wage, NLC Declares
The Nigeria Labour Congress has declared the country's N70,000 minimum wage a "poverty wage," signalling the opening of a renewed ...
Nigeria Inflation Eases to 15.91% in June as Food Prices Continue to Rise
Nigeria's headline inflation rate eased marginally to 15.91% in June 2026, compared with 15.93% in May, according to the latest ...
Standard Chartered Cuts Nigeria Rate Cut Forecast on Inflation
Standard Chartered has significantly lowered its expectations for monetary policy easing in Nigeria, forecasting that the Central Bank of Nigeria ...
Nigeria’s Oil Revenue Misses Budget Target by N7.88 Trillion
Nigeria’s oil revenue recorded a significant shortfall of N7.88 trillion against budget expectations, underscoring the persistent fragility of Africa’s largest ...
Nigeria’s Energy Costs Surge as LPG and Petrol Prices Climb
Nigerian households faced a fresh wave of inflationary pressure in May after cooking gas and petrol prices rose sharply, worsening ...
LCCI Urges Stronger Economic Reforms as Nigeria’s Inflation Hits 15.69%
Nigeria’s private sector has called for deeper and more coordinated economic reforms after the country’s inflation rate accelerated to 15.69%, ...
Nigeria’s Inflation Rises to 15.69% as Food and Transport Costs Climb
Nigeria’s inflation rate increased again in April 2026 as rising food prices, transport fares, healthcare expenses, and accommodation costs continued ...
