The Centre for the Promotion of Private Enterprise (CPPE) has warned that rising petrol prices, driven by global oil shocks, could reverse Nigeria’s fragile progress in slowing inflation, calling for urgent government action to cushion the impact on households and businesses. In its February 2026 inflation brief issued by its Chief Executive Officer, Muda Yusuf, …
Nigeria’s headline inflation rate declined slightly to 15.06 per cent in February 2026, indicating a continued but gradual easing of price pressures across the economy. Data released on Monday by the National Bureau of Statistics (NBS) showed the rate slipped by 0.04 percentage points from 15.10 per cent recorded in January. Although marginal, the drop …
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the credibility of recent changes to Nigeria’s Consumer Price Index (CPI) computation, warning that adjustments to the methodology may be weakening confidence in official inflation data. The Centre made this known in its policy brief on Nigeria’s December 2025 inflation released on …
Nigeria’s economy will be affected this week by global meetings, inflation data, and policy changes. Investors and policymakers are watching these events to understand the risks facing emerging markets like Nigeria. Traders in the Nigerian Exchange and the foreign exchange market are reacting to the latest inflation figures and explanations on how the data was …
Here are key economic events to watch this week, from January 12 to 16, 2026, in Nigeria and around the world. 12th National Economic Outlook Conference Nigeria’s key economic event for the week of January 12–16, 2026, is the 12th National Economic Outlook Conference. It is organised by the Chartered Institute of Bankers of Nigeria …
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 headline inflation rate fell to 14.45 per cent in November 2025, down from 16.05 per cent in October, marking the lowest level in five years, the National Bureau of Statistics (NBS) reported on Monday. The November Consumer Price Index (CPI) data indicates a 1.6-percentage-point decline month-on-month, continuing a sustained downward trend that began in …
The Central Bank of Nigeria (CBN) has announced a reduction in the Monetary Policy Rate (MPR) by 50 basis points, bringing the rate down to 27%. This decision was made at the conclusion of the CBN’s Monetary Policy Committee (MPC) meeting, where all 12 members of the committee were in attendance. In addition to the …
United Capital Research (UCR) has predicted that Nigeria’s headline inflation rate will drop to 20.83 per cent in August 2025, down from 21.88 per cent in July 2025. The pan-African financial services institution said its forecast is based on a combination of factors, including decreasing prices of major food items, relatively stable energy prices, especially …
