Nigeria economy

Nigeria’s inflation rate falls to 14.45% in November, NBS data shows
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Nigeria’s inflation rate falls to 14.45% in November, NBS data shows

Nigeria’s inflation rate picture continued to soften in November, but fresh data shows that price pressures remain uneven beneath the…
Car imports rebound as Nigeria hits ₦1.01tn in nine months
Business

Car imports rebound as Nigeria hits ₦1.01tn in nine months

Nigeria’s passenger motor car imports staged a notable recovery in 2025, rebounding to ₦1.01tn in the first nine months of…
Households still struggling despite inflation drop, CPPE warns
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Households still struggling despite inflation drop, CPPE warns

As Nigeria edges into the festive season, a period that usually brings fuller markets, heavier spending, and a brief sense…
IMF names Africa’s fastest-growing economies. Nigeria did not make the cut
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IMF names Africa’s fastest-growing economies. Nigeria did not make the cut

Nigeria has been left out of the International Monetary Fund’s (IMF) latest list of Africa’s fastest-growing economies, despite the touted…
NCDMB, NDDC strengthen collaboration through knowledge-sharing session
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NCDMB, NDDC strengthen collaboration through knowledge-sharing session

In a move aimed at deepening inter-agency collaboration and improving service delivery, the Nigerian Content Development and Monitoring Board (NCDMB)…
CBN cuts interest rate to 27% after months of holding steady    
Business

CBN cuts interest rate to 27% after months of holding steady    

For the first time this year, the Central Bank of Nigeria has nudged interest rates down. The Monetary Policy Committee…
Nigeria’s business engine, running hot for nine months straight
Business

Nigeria’s business engine, running hot for nine months straight

Nigeria’s private sector is not slowing down. For the ninth month in a row, businesses are expanding, customers are spending,…
Nigeria inflation is down, Why Aren’t prices too?
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Nigeria inflation is down, Why Aren’t prices too?

For the second time this month in a row, Nigeria’s headline inflation dipped; that is, on paper, so it seems.…
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