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Inflation Eases to 20.12% as NBS Confirms Slower Price Increase

Nigeria’s headline inflation rate fell to 20.12 per cent in August, the National Bureau of Statistics (NBS) has reported. The figure, released on Monday in Abuja in the bureau’s Consumer Price Index (CPI) and Inflation Report for August 2025, marked a decline of 1.76 percentage points from 21.88 per cent recorded in July. On a […]

No Going Back on Fuel Subsidy Removal, FG Insists

President Bola Tinubu has reiterated the government’s commitment to sustaining the current pump price of Premium Motor Spirit (PMS) in the country, without reconsidering its subsidy removal policy. Affirming that there will be no price increase nationwide, the President’s special adviser, Ajuri Ngelale, conveyed this message during a media briefing held at the presidential villa […]

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