Tag: inflation in Nigeria

Homeinflation in Nigeria

By David Okon Nigeria’s economic story in 2025 was not defined by a single reform or headline moment. It was shaped by sequencing. A deliberate effort to stabilise the macroeconomy, restore institutional credibility, and align security, fiscal, and market policy toward growth. At the centre of this sequencing stood the Minister of Finance and Coordinating …

FG Halts Controversial 4% FOB Customs Levy After Stakeholder Backlash

Nigeria’s economy is projected to expand by 4.49% in 2026, according to the Central Bank of Nigeria (CBN), building on positive momentum from reforms in 2025. This projection is contained in the CBN’s Microeconomic Outlook for Nigeria, 2026  released earlier today, with the theme "Consolidating Microeconomic Stability Amid Global Uncertainty". In his note in the …

Nigeria’s Reforms Yielding Results, Investor Confidence Returning – Cardoso

By Victor Ezeja Despite recording a notable decline in inflation rate, there are concerns that persistent structural issues in the Nigerian economy pose a threat to the gains made. The headline inflation rate has dropped from 34.80 per cent in December 2024 to 21.88 per cent in July 2025, according to official statistics released by the National Bureau of Statistics (NBS). According …

Concerns Remain despite Inflation Decline in Nigeria

Esther Ososanya ActionAid Nigeria has urged the Federal Government to suspend its proposed 5% surcharge on fossil fuel transactions, warning that the policy could damage the country's fragile economic recovery and worsen inequality. The new levy, introduced in Section 158 of the recently gazetted Nigeria Tax Act, is scheduled to take effect in 2026. It …

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