Nigeria’s headline inflation rate has further eased, settling at 22.22% in June 2025, down from 22.97% in May 2025, according to the Consumer Price Index (CPI) Report released by the National Bureau of Statistics (NBS) today. This marks a decrease of 0.76 percentage points compared to May 2025. On a year-on-year basis, the headline inflation [...
The Nigerian stock market has recorded a downturn performance, closing lower in three of the five trading sessions last week, as investors reacted to the previous week’s lower-than-expected inflation data, which triggered a selloff in banking stocks. It would be recalled that the National Bureau of Statistics, NBS, in the previous week Thursda...
•Inflation rate The Organised Private Sector has expressed worry over the continued hike in the inflation rate in Nigeria, stressing that this will further raise the cost of production, raw materials, logistics, and machinery, among others. Yesterday, the National Bureau of Statistics reported that Nigeria’s inflation rate rose to 34.80 per ce...
The inflation rate in Nigeria rose for the second consecutive month in October, reaching 33.88 percent, up from 32.70 percent recorded in September 2024. The National Bureau of Statistics (NBS) disclosed this in data released today in Abuja. The Central Bank of Nigeria (CBN) has raised interest rates five times this year in an effort […...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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