Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to the latest data released by the National Bureau of Statistics (NBS). The Consumer Price Index (CPI) increased to 135.4 in March 2026, representing a 5.4-point rise from 130.0 in the preceding month. On […]
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate eased to 15.06 per cent in February 2026. This was disclosed in the Consumer Price Index (CPI) and Inflation Report released in Abuja on Monday. The figure represents a marginal decline of 0.04 percentage points from the 15.10 per cent recorded in […]
Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent year-on-year in the second quarter of 2025, according to figures released by the National Bureau of Statistics (NBS). The figure marks an improvement from the 3.48 per cent growth recorded in the same quarter of 2024, underscoring resilience in the economy. The agriculture sector grew […]
The Presidency has dismissed recent remarks by the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, suggesting that Nigerians are worse off today than they were at Independence in 1960. In a statement released Sunday night, Presidential spokesperson Bayo Onanuga described Adesina’s position as based on flawed data and a narrow interpretation of […]
